6.4.1 Factors that determine how data is gathered, entered and maintained Flashcards
State:
The 6 Vs
The Six Vs
- Volume
- Variety
- Velocity
- Variability
- Value
- Veracity
Explain:
Volume
The Six Vs
Considering the amount of data and if there is a capability to store this volume
Explain:
Variety
The Six Vs
Consider where the data has come from and in what form; is it structured or unstructured?
Explain:
Velocity
The Six Vs
Speed at which the data is being generated and gathered quickly
Explain:
Variability
The Six Vs
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
Explain:
Value
The Six Vs
How useful is the data once processed and analysed; did it meet the predefined goal of analysis?
Explain:
Veracity
The Six Vs
How accurate and if the data is verifiable leading to a corresponding level of confidence in it’s reliability
Explain:
The meaning of reliable data
Data Assurance
How complete and accurate data is
State:
What data must be for it be gathered, processed and analysed
Data Assurance
- Highly reliable
- Of good quality
State:
2 things that can be done to increase the quality of data
Data Assurance
- Verification
- Validation
State:
Data Redundancy
Data Assurance
When the same piece of data is stored two or more times on a digital system
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
Inconsistency, Formats
Explain:
What could happen if redundant data is processed and analysed
Data Assurance
Creation of unreliable and meaningless information that leads to uninformed and incorrect decisions from the data
Explain:
One time data redudancy can be useful to an organisation
Data Assurance
Keeping a backup copy of the data
State:
One example of data redundancy
Hint: Locations
Data Assurance
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