Data Analytics Terms & Definitions Flashcards

1
Q

Qualities and characteristics associated with using facts to solve problems

A

Analytical skills

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2
Q

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

A

Analytical thinking

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3
Q

A characteristic or quality of data used to label a column in a table

A

Attribute

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4
Q

The condition in which something exists or happens

A

Context

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5
Q

A collection of facts

A

Data

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6
Q

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

A

Data Analysis

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7
Q

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

A

Data Analyst

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8
Q

The science of data

A

Data Analytics

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9
Q

How information is organized

A

Data Design

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10
Q

Using facts to guide business strategy

A

Data-driven decision-making

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11
Q

The various elements that interact with one another in order to produce, manage, store, organize, analyze, and share data

A

Data-Ecosystem

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12
Q

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

A

Data Science

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13
Q

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

A

Data Strategy

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14
Q

The graphical representation of data

A

Data Visualization

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15
Q

A collection of data stored in a computer system

A

Database

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16
Q

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

A

Dataset

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17
Q

A set of instructions used to perform a calculation using the data in a spreadsheet

A

Formula

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18
Q

A preset command that automatically performs a specified process or task using the data in a spreadsheet

A

Function

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19
Q

A method for examining and evaluating the current state of a process in order to identify opportunities for improvement in the future

A

Gap Analysis

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20
Q

The attributes that describe a piece of data contained in a row of a table

A

Observation

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21
Q

A request for data or information from a database

A

Query

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22
Q

A computer programming language used to communicate with a database

A

Query Language

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23
Q

The reason why a problem occurs

A

Root cause

24
Q

People who invest time and resources into a project and are interested in its outcome

A

Stakeholders

25
Q

The ability to break things down into smaller steps or pieces and work with them in an orderly and logical way

A

Technical Mindset

26
Q

The question or problem data analysis resolves for a business

A

Business Task

27
Q

A quality of data analysis that does not create or reinforce bias

A

Fairness

28
Q

What are the steps in the data analysis process?

A
Ask
Prepare
Process
Analyze
Share
Act
29
Q

What are the steps in the data life cycle process?

A
Plan
Capture
Manage
Analyze
Archive
Destroy
30
Q

A question whose answers lead to change

A

Action-oriented question

31
Q

A place to keep data online, rather than a computer hard drive

A

Cloud

32
Q

The six phases of ask, prepare, process, analyze, share, and act whose purpose is to gain insights that drive informed decision-making

A

Data analysis process

33
Q

The sequence of stages that data experiences, which include plan, capture, manage, analyze, archive, and destroy

A

Data life cycle

34
Q

A question that steers people toward a certain response

A

Leading question

35
Q

A question whose answers can be quantified and assessed

A

Measurable question

36
Q

The various problems that data analysts encounter, including categorizing things, discovering connections, finding patterns, identifying themes, making predictions, and spotting something unusual

A

Problem types

37
Q

A question that has significance to the problem to be solved

A

Relevant question

38
Q

A tool for determining a question’s effectiveness based on whether it is specific, measurable, action-oriented, relevant, and time-bound

A

SMART methodology

39
Q

A question that is simple, significant, and focused on a single topic or a few closely related ideas

A

Specific question

40
Q

A digital worksheet

A

Spreadsheet

41
Q

The process of recognizing the current problem or situation, organizing available information, revealing gaps and opportunities, and identifying options

A

Structured thinking

42
Q

A question that specifies a timeframe to be studied

A

Time-bound question

43
Q

A process or set of rules followed for a specific task

A

Algorithm

44
Q

Large, complex datasets typically involving long periods of time, which enable data analysts to address far-reaching business problems

A

Big Data

45
Q

A tool that monitors live, incoming data

A

Dashboard

46
Q

The process of exploring different data sources to find out what they have in common

A

Data-inspired decision-making

47
Q

A single, quantifiable type of data that is used for measurement

A

Metric

48
Q

A measurable goal set by a company and evaluated using metrics

A

Metric Goal

49
Q

A chart created from the fields in a pivot table

A

Pivot chart

50
Q

A data summarization tool used to sort, reorganize, group, count, total, or average
data

A

Pivot table

51
Q

A subjective and explanatory measure of a quality or characteristic

A

Qualitative data

52
Q

A specific and objective measure, such as a number, quantity, or range

A

Quantitative data

53
Q

A static collection of data periodically given to stakeholders

A

Report

54
Q

A formula that uses the metrics of investment and profit to

evaluate the success of an investment

A

Return on investment (ROI)

55
Q

The total amount of income generated by the sale of goods or services

A

Revenue

56
Q

Small, specific data points typically involving a short period of time, which are
useful for making day-to-day decisions

A

Small Data

57
Q

A question that makes assumptions or is difficult to answer honestly

A

Unfair question