Asking Effective Questions Flashcards
Structured Thinking
- Recognising the current problem or situation
- Organising available information
- Revealing gaps and opportunities
- Identifying the options.
S.M.A.R.T
1.Specific questions.
2. Measurable questions.
3. Action-oriented questions.
4. Relevant questions.
5. Time-bound questions.
Fairness
Fairness means not creating or reinforcing bias.
Questions To Avoid
- Leading questions.
- Close-ended questions.
- Vague questions.
Quantitative Data
Specific and objective measures of numerical facts. [The what? How many? And how often? ]
Qualitative Data
Subjective or explanatory measures of qualities and characteristics. [Things that can’t be measured numerically. Great for helping us answer Why? questions.]
Metric Goal
This is a metric goal set by the company and measured using metrics.
Metric Formula
Metrics can be combined into formulas that you plug your numerical data into.
Return On Investment [ROI]
ROI = net profit over a period of time and the cost of investment.
Mathematical Thinking
Mathematical Thinking means looking at a problem and logically breaking it down step-by-step, so you can see the relationship of patterns in your data.
Metric
Single, quantifiable type of data that can be used for measurements.
Pivot Table
A data summarisation tool that is used in data processing. Pivot tables are used to summarise, sort, reorganise, group, count, total or average data stored in a database.
Report
Static collection of data given to stakeholders periodically.
Dashboard
Monitors live, incoming data.
Small Data
Datasets concerned with specific metrics over a SHORT, well defined period of time. Small Data is good for small day to day decisions. Spreadsheets can be used to organise and analyse small datasets.
Big Data
Large and less specific datasets over longer periods of time helping companies to make big decisions. SQL is most useful when working with data of this scale.
Vs of Big Data [3 or 4]
Volume - The amount of data
Variety - The different kinds of data
Velocity - How fast the data can be processed
Veracity - The quality and reliability of the data
Value - What insights can be gleaned from the data