C2M2 Flashcards
Algorithm
A process or set of rules followed for a specific task
Big data
Large, complex datasets typically involving long periods of time, which enable data analysts to address far-reaching business problems
Dashboard
A tool that monitors live, incoming data
Data-inspired decision-making
The process of exploring different data sources to find out what they have in common
Metric
A single, quantifiable type of data that is used for measurement
Metric goal
A measurable goal set by a company and evaluated using metrics
Pivot chart
A chart created from the fields in a pivot table
Pivot table
A data summarization tool used to sort, reorganize, group, count, total, or average data
Problem types
The various problems that data analysts encounter, including categorizing things, discovering connections, finding patterns, identifying themes, making predictions, and spotting something unusual
Qualitative data
A subjective and explanatory measure of a quality or characteristic
Quantitative data
A specific and objective measure, such as a number, quantity, or range
Report
A static collection of data periodically given to stakeholders
Revenue
The total amount of income generated by the sale of goods or services
Return on investment (ROI)
A formula that uses the metrics of investment and profit to evaluate the success of an investment
Small data
Small, specific data points typically involving a short period of time, which are useful for making day-to-day decisions
