Data Concepts Flashcards
Data that helps a business measure certain aspects of their operations. Businesses often use these strategically to achieve success, grow, and optimise their customer journey
Data metrics
A process of inspecting, cleaning, transforming, and modelling data with the goal of discovering useful information, informing conclusions, and supporting decision-making.
Data analysis
The representation of data through the use of common graphics, such as charts, plots, infographics, and even animations. These visual displays of information communicate complex data relationships and data-driven insights in a way that is easy to understand.
Data visualisation
The process of collecting and submitting data to produce accurate analyses.
Data reporting
The process of cleaning and unifying messy and complex data sets for easy access and analysis.
Data wrangling
Changing the way data is organised into rows and columns.
Data reshaping
Numerical or non-numerical information that is (1) collected from multiple sources and/or on multiple measures, variables, or individuals and (2) compiled into data summaries or summary reports, typically for the purposes of public reporting or statistical analysis.
Aggregate Data
A goal-setting framework for defining and tracking objectives and their outcomes.
OKRs (Objectives and Key Results)
A measurable value that demonstrates how effectively an organisation is achieving a key business objective.
KPIs (Key Performance Indicator)