6.4.1 Factors that determine how data is gathered, entered and maintained Flashcards

1
Q

State:

The 6 Vs

The Six Vs

A
  • Volume
  • Variety
  • Velocity
  • Variability
  • Value
  • Veracity
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2
Q

Explain:

Volume

The Six Vs

A

Considering the amount of data and if there is a capability to store this volume

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3
Q

Explain:

Variety

The Six Vs

A

Consider where the data has come from and in what form; is it structured or unstructured?

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4
Q

Explain:

Velocity

The Six Vs

A

Speed at which the data is being generated and gathered quickly

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5
Q

Explain:

Variability

The Six Vs

A

Ensuring that changes in data (likely from different sources) is expected and not unreasonable.

It can ruin comparison between old and new data if it has changed considerably

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6
Q

Explain:

Value

The Six Vs

A

How useful is the data once processed and analysed; did it meet the predefined goal of analysis?

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7
Q

Explain:

Veracity

The Six Vs

A

How accurate and if the data is verifiable leading to a corresponding level of confidence in it’s reliability

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8
Q

Explain:

The meaning of reliable data

Data Assurance

A

How complete and accurate data is

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9
Q

State:

What data must be for it be gathered, processed and analysed

Data Assurance

A
  • Highly reliable
  • Of good quality
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10
Q

State:

2 things that can be done to increase the quality of data

Data Assurance

A
  • Verification
  • Validation
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11
Q

State:

Data Redundancy

Data Assurance

A

When the same piece of data is stored two or more times on a digital system

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12
Q

Fill The Blank:

Data redundancy can be linked to data ………………… where a piece of data is stored twice on a system in two different ……………

Data Assurance

A

Inconsistency, Formats

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13
Q

Explain:

What could happen if redundant data is processed and analysed

Data Assurance

A

Creation of unreliable and meaningless information that leads to uninformed and incorrect decisions from the data

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14
Q

Explain:

One time data redudancy can be useful to an organisation

Data Assurance

A

Keeping a backup copy of the data

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15
Q

State:

One example of data redundancy

Hint: Locations

Data Assurance

A

Where data is stord in two locations and is updated in one location but not the other - this could mean each piece of data could be treated as unique

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16
Q

State:

How to reduce the risk of data redundancy

Data Assurance

A

Comprehensive data modelling

17
Q

State:

2 ways data can be gathered

Qualitative data and quantitative data

A
  • Surveys
  • Questionnaires
18
Q

Fill The Blank:

Qualitative and Quantitative data may be gathered as customer ……………….

Qualitative data and quantitative data

A

Feedback

19
Q

Define:

Research Population

Research Population

A

Number of people required to complete the research

20
Q

Fill The Blank:

The size of the research population will depend on defined …………………. needed from the results of the research

Research Population

A

Requirements

21
Q

Explain:

How a research population being skewed can affect gathered data

Research Population

A

Results of the research may not provide reliable or high quality data

22
Q

State:

4 of the 8 areas to consider with ethics and data and it’s manipulation

Legislation and regulatory compliance

A
  • Personal data
  • Equality and discrimination
  • Sharing and reuse of data
  • Copyright and intellectual property
  • Freedom of information
  • Statistics
  • Information governance
  • Sector specific legislation
23
Q

Fill The Blank:

Data should be …………………, entered and maintained …………………., with accountability and ………………..

Legislation and regulatory compliance

A

Gathered, Transparently, Fairness

24
Q

Fill The Blank:

Data should be gathered, entered and maintained with no ………. or pre-…………….. perceptions

Legislation and regulatory compliance

A

Bias, Conceived

25
Q

State:

What 2 acts should be considered with data and the legal and ethical issues of it

Legislation and regulatory compliance

A
  • DPA
  • Equality act
26
Q

State:

3 main factors affecting how an organisation collects and analyses data

Organisational factors

A
  • Time
  • Skills
  • Cost
27
Q

Explain:

Briefly, 2 ways data collection and analysis can cost a business money

Organisational factors

A

2 of:
* Employment costs from the time taken
* Entering data onto a system
* Completing maintenance tasks
* Contracting third parties to do tasks

28
Q

Explain:

Briefly, 2 ways data can cost an organisation time

Organisational factors

A
  • Gathering of data
  • Input/data entry of data
  • Maintenance - staff costs
29
Q

Fill The Blank:

Data gathering can require improvements in skills by ……………….. skills or updating ………………… relating to legislative requirements

Organisational factors

A

Updating, Knowledge