C1M1 Flashcards
Analytical skills
Qualities and characteristics associated with using facts to solve problems
Analytical thinking
The process of identifying and defining a problem, then solving it by using data in an organized, step-by-step manner
Context
The condition in which something exists or happens
Data
A collection of facts
Data analysis
The collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making
Data analyst
Someone who collects, transforms, and organizes data in order to draw conclusions, make predictions, and drive informed decision-making
Data analytics
The science of data
Data design
How information is organized
Data-driven decision-making
Using facts to guide business strategy
Data ecosystem
The various elements that interact with one another in order to produce, manage, store, organize, analyze, and share data
Data science
A field of study that uses raw data to create new ways of modeling and understanding the unknown
Data strategy
The management of the people, processes, and tools used in data analysis
Data visualization
The graphical representation of data
Dataset
A collection of data that can be manipulated or analyzed as one unit
Gap analysis
A method for examining and evaluating the current state of a process in order to identify opportunities for improvement in the future
Root cause
The reason why a problem occurs
Technical mindset
The ability to break things down into smaller steps or pieces and work with them in an orderly and logical way
Business task
The question or problem data analysis resolves for a business
Fairness
A quality of data analysis that does not create or reinforce bias
Oversampling
The process of increasing the sample size of nondominant groups in a population. This can help you better represent them and address imbalanced datasets
Self-reporting
A data collection technique where participants provide information about themselves
