Glossary Terms - Module 1 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
Context
The condition in which something exists or happens
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 design
How information is organized
Data-drive decision-making
Using facts to guide business strategy
Data ecosystem
The various elements that interact with one another in order to produce, manage, store, organize, analyze, and share data
Data science
A field of study that uses raw data to create new ways of modeling and understanding the unknown
Data strategy
The management of the people, processes, and tools used in data analysis
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 evaluation the current state of a process in order to identify opportunities for improvement in the future