Data analystics terms Flashcards
Analytical skills
Qualities and characteristics associated with using facts to solve problems
Analytical thinking
The process of identifying and defining a problem, then solving it by using data in an organized, step-by-step manner
Data
a collection of facts
Data analysis
The collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making
Data analyst
Someone who collects, transforms, and organizes data in order to draw conclusions, make predictions, and drive informed decision-making
Data analytics
The science of data
Data-driven decision-making
Using facts to guide business strategy
Data science
A field of study that uses raw data to create new ways of modeling and understanding the unknown
Data visualization
The graphical representation of data
Dataset
A collection of data that can be manipulated or analyzed as one unit
Gap analysis
A method for examining and evaluating the current state of a process in order to identify opportunities for improvement in the future
Root cause
The reason why a problem occurs
5 analytical skills
- Curiosity
- Understanding Context
- Having a technical mindset
- Data design
- Data strategy
What is the life cycle of data?
