Course 1, Module 1 Flashcards
What are analytical skills?
Qualities and characteristics associated with using facts to solve problems.
What is analytical thinking?
The process of identifying and defining a problem, then solving it by using data in an organized, step-by-step manner.
What does context refer to?
The condition in which something exists or happens.
What is data?
A collection of facts.
Raw, unorganized facts, figures, or symbols without context or meaning.
What is data analysis?
The collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making.
Who is a data analyst?
Someone who collects, transforms, and organizes data in order to draw conclusions, make predictions, and drive informed decision-making.
What is data analytics?
The science of data.
What does data design refer to?
How information is organized.
What is data-driven decision-making?
Using facts to guide business strategy.
What is a data ecosystem?
The various elements that interact with one another in order to produce, manage, store, organize, analyze, and share data.
What is data science?
A field of study that uses raw data to create new ways of modeling and understanding the unknown.
What is data strategy?
The management of the people, processes, and tools used in data analysis.
What is data visualization?
The graphical representation of data.
What is a dataset?
A collection of data that can be manipulated or analyzed as one unit.
What is gap analysis?
A method for examining and evaluating the current state of a process in order to identify opportunities for improvement in the future.
A strategic business tool used to assess the difference between an organization’s current state and its desired future state.