Data Analyst Foundations Flashcards

Basic Terms and Theory

1
Q

Stages of Data Analysis (Google)

A
  1. Ask: business challenge, objective, or question
  2. Prepare: data generation, collection, storage, and data management
  3. Process: data cleaning and data integrity
  4. Analyze: data exploration, visualization, and analysis
  5. Share: communicating and interpreting results
  6. Act: putting insights to work to solve the problem
    *7 Review: Restart the process to see if the changes made in the Act phase have produced results.
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2
Q

Ask - what is done during this stage?

A

Propose a business challenge, question, or objective to be solved.
Ask questions of stakeholders to determine the scope and clarify the challenge/question.

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3
Q

Prepare - what is done during this stage?

A

Data Identification - Determine what data needs to be collected.
Generate or gather the data, collect, store and manage the data.
Verify data is accurate and useful for answering the questions.

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4
Q

Process - what is done during this stage?

A

Clean the data - Remove duplicates, fix null/blank values, change data types.
Organize the data - sort or group data to add context.

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5
Q

Analyze - what is done during this stage?

A

Explore the data - Add calculations or averages if needed.
Review the data to examine trends and patterns and draw conclusions.

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6
Q

Share - what is done during this stage?

A

Visualize the data to highlight the trends & patterns and to tell a story to answer the questions posed.
Present the findings to the decision-makers/stakeholders.

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7
Q

Act - what is done during this stage?

A

Use the conclusions & insights gained to solve the problem. Implement new business strategy, make changes to a product, or any other action to solve the problem posed in the Act stage.

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8
Q

*Review - what is done during this stage?

A

(not in Google’s list)
After changes from the Act phase have been implemented, restart at the Prepare phase. Gather new data and compare to previous to see if the changes have produced the desired results.

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9
Q

Vocab - Analytical Skills

A

Qualities & characteristics associated with using facts to solve problems.

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10
Q

Vocab - Analytical Thinking

A

The process of identifying and defining a problem, then solving it using data in an organized step-by-step manner.

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11
Q

Vocab - Context

A

The condition in which something exists or happens.

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12
Q

Vocab - Data

A

A collection of facts.

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13
Q

Vocab - Data Analysis

A

The collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making.

(not the same as Data Analytics which is the science of data)

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14
Q

Vocab - Data Analyst

A

Someone who collects, transforms, and organizes data in order to draw conclusions, make predictions, and drive informed decision-making.

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15
Q

Vocab - Data Analytics

A

The science of data

(not the same as Data Analysis which is the process)

(not the same as Data Science which is the field of study)

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16
Q

Vocab - Data Design

A

How information is organized or structured.

17
Q

Vocab - Data-Driven Decision Making

A

Using facts to guide business strategy.

18
Q

Vocab - Data Ecosystem

A

The various elements that interact with one another in order to product, manage, store, organize, or share data.

19
Q

Vocab - Data Science

A

A field of study that uses raw data to create new ways of modeling and understanding the unknown.

Not the same as Data Analytics which is the science of data

20
Q

Vocab - Data Strategy

A

The management of the people, processes, and tools used in data analysis.

21
Q

Vocab - Data Visualization

A

The graphical representation of data.

22
Q

Vocab - Dataset

A

A collection of data that can be manipulated or analyzed as one unit.

23
Q

What is Gap Analysis?

A

A method of examining and evaluating the current state of a process as compared to the desired/ideal state to identify where gaps occur and how to bridge them for future improvement.

24
Q

What is a Root Cause?

A

The base reason why a problem occurs. Keep asking Why to identify the root cause.

25
Q

What is a Technical Mindset?

A

The ability to break things down into smaller steps and work with them in a logical way.