Data Flashcards
What is the concept that visualizes data into the information-knowledge-wisdom hierarchy?
The Data Pyramid
What are the four levels of the day at pyramid starting from bottom?
Data, Information, Knowledge, Wisdom
What level on the data pyramid represents raw statements like 18:38, on, or off?
Data
What level on the data pyramid provides meanings like it is 6:38pm or the light is on?
Information
What level on the data pyramid gives context like the room I am working in is dark?
Knowledge
What level on the data pyramid gives applied thought like it is dark. I should turn on the light.
Wisdom
What includes raw facts or observations?
Data
Once data is organized, what can be inferred by asking who, what, where and how to use data?
Information
What is dynamic combination of experience, values, information, expertise and grounded intuition that provides an environment and framework for evaluating new experiences and information?
Knowledge
What is the key term associated with knowledge?
Context
What is knowing the right thing to do?
Wisdom
What is data coded in a way that makes it easy to convert into a form usable for analysis?
Structured Data
What term refers to data that is more complex and possibly stored in a format that is not easily decided, like texts, videos, comments?
Unstructured data
What is the term for a large collection of data that is incapable of being processed by previous generations of analytical tools?
Big Data
Big companies use what to analyze customer experience, model customers and align their product offerings to specific customer characteristics?
Data science