Glossary Terms Flashcards
What are analytical skills?
Qualities and characteristics associated with using facts to solve problems
Analytical skills are essential for effective problem-solving in various contexts.
Define analytical thinking.
The process of identifying and defining a problem, then solving it by using data in an organized, step-by-step manner
Analytical thinking is crucial in data analysis and decision-making.
What does context refer to?
The condition in which something exists or happens
Understanding context is important for accurate data interpretation.
What is data?
A collection of facts
Data can come in various forms, including numbers, text, and images.
What is data analysis?
The collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making
Data analysis is a critical skill in many fields.
Who is a data analyst?
Someone who collects, transforms, and organizes data in order to draw conclusions, make predictions, and drive informed decision-making
Data analysts play a key role in data-driven organizations.
What is data analytics?
The science of data
Data analytics encompasses various techniques and tools for analyzing data.
What does data design refer to?
How information is organized
Effective data design is essential for efficient data analysis.
What is data-driven decision-making?
Using facts to guide business strategy
Data-driven decision-making leads to more informed and effective strategies.
What is a data ecosystem?
The various elements that interact with one another in order to produce, manage, store, organize, analyze, and share data
A robust data ecosystem is vital for effective data management.
Define data science.
A field of study that uses raw data to create new ways of modeling and understanding the unknown
Data science combines multiple disciplines, including statistics and machine learning.
What is data strategy?
The management of the people, processes, and tools used in data analysis
A well-defined data strategy is crucial for maximizing the value of data.
What does data visualization mean?
The graphical representation of data
Data visualization helps to communicate insights effectively.
Define dataset.
A collection of data that can be manipulated or analyzed as one unit
Datasets are foundational in data analysis.
What is gap analysis?
A method for examining and evaluating the current state of a process in order to identify opportunities for improvement in the future
Gap analysis is often used in strategic planning.
What is the root cause?
The reason why a problem occurs
Identifying the root cause is essential for effective problem-solving.
Define technical mindset.
The ability to break things down into smaller steps or pieces and work with them in an orderly and logical way
A technical mindset is valuable in various fields, particularly in data analysis.
What does visualization refer to in the context of data?
Refer to data visualization
Visualization techniques can enhance understanding of complex data.
