Course 1 Week 1 Flashcards
Which of the following statements best defines data?
Data a collection of facts.
Fill in the blank: in data analytics, the data ecosystem refers to the various elements that interact with one another to produce, manage, store, ___, analyze, and share data.
Organize
Which of the following terms refers to the collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision – making?
Data Analysis
An airline collects, observes, and analyzes its customers online behaviors. Then, it uses insights to gained to choose what new products and services to offer. What business process does this describe?
Data-driven decision making
The various elements that interact with one another in order to produce, manage, store, organize, analyze, and share, data.
Data ecosystems
A place to keep data online, rather than a computer hard drive.
Cloud
Creating new ways of modeling and understanding the unknown by using raw data. Data Scientist create new questions using data, while data analysts find answers to existing questions by creating insights from data sources.
Data Science
The collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making.
Data Analysis
The science of data
Data Analytics
Using facts to guide business strategy.
Data-driven decision-making
Data analysis is the various elements that interact with one another in order to provide, manage, store, organize, analyze, and share data.
False. Correct answer is data analytics.
Fill in the blank: Data ecosystems are made up of elements that _____ with each other. This makes it possible for them to produce, manage, store, organize, analyze, and share data.
Interact
Fill in the blank: The primary goal of a data _____ is to create new questions using data.
Scientist
Fill in the blank: The term _____ is defined as an intuitive understanding of something with little or no explanation.
Gut instinct
A furniture manufacturer wants to find a more environmentally friendly way to make its products. A data analyst helps solve this problem by gathering relevant data, analyzing it, and using it to draw conclusions. The analyst then shares their analysis with subject-matter experts from the manufacturing team, who validate the findings. Finally, a plan is put into action. This scenario describes data science.
False. Correct answer is data-driven decision-making.