Module 1

Question 1

It is conceivable as the new resource in the digital world.

Answer 1

Data

Question 2

Data is mined and ______ like minerals.

Answer 2

Refined

Question 3

The process of refining data is called ________

Answer 3

Analysis

Question 4

It is a complete process of creating, collecting, processing, analyzing, and extracting value from data.

Answer 4

Data Value Chain

Question 5

It covers the entire lifecycle of data, from its origin to its use in decision-making and insights

Answer 5

Data Value Chain

Question 6

What role does Data play in the Data Value Chain?

Answer 6

Data Creation/Generation

Question 7

Most data originates from _____ activity.

Answer 7

Human

Question 8

True or False. Data is systematically collected and securely stored in only one application that is employed by diverse organizations.

Answer 8

False
(stored of myriad applications)

Question 9

What role does Information play in the Data Value Chain?

Answer 9

Data Gathering

Question 10

It involves the extraction and consolidation of data where it is stored into a single repository.

Answer 10

Information

Question 11

What is the process of converting data into information?

Answer 11

Data Cleaning, Data Categorization, Data Transformation, Data Aggregation

Question 12

Information answers which question?

Answer 12

What Happened?

Question 13

What role do Insights play in the Data Value Chain?

Answer 13

Data Analysis

Question 14

This involves finding patterns and trends.

Answer 14

Insights

Question 15

What are the key questions that Insights answer?

Answer 15

Why did it Happen? What is likely to Happen Next?

Question 16

What role do Imperatives play in the Data Value Chain?

Answer 16

Decision-Making

Question 17

It involves translating the analyzed data into practical recommendations for future actions.

Answer 17

Imperatives

Question 18

What key question does Imperatives answer.

Answer 18

What steps should be taken next?

Question 19

What are the Disciplines in Data?

Answer 19

(GMES)
Data Governance
Data Management
Data Security
Data Ethics

Question 20

It involves policies for quality and compliance

Answer 20

Data Governance
(policies)

Question 21

It involves end-to-end oversight of data process

Answer 21

Data Management
(end-to-end)

Question 22

It involves safeguarding data from unauthorized access.

Answer 22

Data Security
(safeguard)

Question 23

It involves responsible and ethical data handling.

Answer 23

Data Ethics
(ethical)

Question 24

What are the disciplines involving Information?

Answer 24

(EWABI)
Data Engineering
Data Warehousing
Data Architecture
Business Intelligence

Question 25

It involves building data systems

Answer 25

Data Engineering (building)

Question 26

It involves managing structured data.

Answer 26

Data Warehousing (managing structured)

Question 27

It involves designing data systems.

Answer 27

Data Architecture (designing)

Question 28

It involves extracting insights for decisions.

Answer 28

Business Intelligence (extracting insights FOR decisions)

Question 29

The Information discipline is integral to what type of analytics?

Answer 29

Descriptive Analytics

Question 30

This type of analytics is responsible for summarizing historical data

Answer 30

Descriptive Analysis

Question 31

What are the disciplines involving Insights?

Answer 31

(DAM) Data Mining Algorithms Machine Learning

Question 32

It involves extracting insights.

Answer 32

Data Mining

Question 33

It involves processing data steps.

Answer 33

Algorithms

Question 34

It involves learning and improving from experience.

Answer 34

Machine Learning

Question 35

Insights are integral with what types of analysis?

Answer 35

Diagnostic Analysis Predictive Analysis

Question 36

This type of analytics is responsible for analyzing data for why an even occurred.

Answer 36

Diagnostic Analysis

Question 37

This type of analytics is responsible for identifying future events based on historical data.

Answer 37

Predictive Analysis

Question 38

What are the disciplines involving Imperatives?

Answer 38

(OS) Optimization Simulation

Question 39

It involves enhancing efficiency.

Answer 39

Optimization

Question 40

It involves modeling real-world scenarios

Answer 40

Simulation

Question 41

Imperatives are integral with what type of analytics.

Answer 41

Prescriptive Analytics

Question 42

This type of analytics is responsible for recommending actions derived from descriptive and predictive analysis.

Answer 42

Prescriptive Analytic

Question 43

What profession is involved with Data.

Answer 43

Data Steward

Question 44

What are the Responsibilities of a Data Steward.

Answer 44

(DEM) Develop Enforce Maintain

Question 45

Additionally, Data Stewards are also involved in _______ and __________

Answer 45

Data Security Data Usage

Question 46

What are the domains of a Data Steward?

Answer 46

Business Industry

Question 47

What are Data Stewards also known as?

Answer 47

Data Gatekeepers

Question 48

What jobs are related to Data Steward

Answer 48

(PSGCL) Data Privacy Officer Data Security Officer Data Governance Manager Data Curator Data Librarian

Question 49

What profession is involved with Information?

Answer 49

Data Engineer

Question 50

What are the Responsibilities of Data Engineers?

Answer 50

(DCTM) Design Construct Test Maintain

Question 51

Data Engineers are typically involved in ________

Answer 51

ETL (Extract, Transform, Load)

Question 52

What are the domains of Data Engineers?

Answer 52

ITISCS Information Technology Information Systems Computer Science

Question 53

Typically, Data Engineers also work with _______-

Answer 53

Data repositories

Question 54

What are the jobs related to Data Engineer?

Answer 54

(DAWE) ETL Developer Data Architect Data Warehousing Professional Big Data Engineer

Question 55

What profession is involved in Insights?

Answer 55

Data Scientist

Question 56

What are the responsibilities of Data Scientists?

Answer 56

(StSm) Statistical Techniques Create Statistical Models

Question 57

Data Scientists are involved in applying ________ and _______ to make Data-Driven Predictions

Answer 57

Trends and Patterns

Question 58

What are the domains of a Data Scientist?

Answer 58

(StatMath) Mathematics Statistics

Question 59

What jobs are related to Data Scientist?

Answer 59

(ASS) Advance Analytics Professional Statistician Statistical Modeler

Question 60

What profession is involved in Imperatives?

Answer 60

Functional Analyst

Question 61

What are the responsibilities of a Functional Analyst?

Answer 61

(UL) Utilized Data Leverage Derived Insights

Question 62

True or False. Functional Analysts also validate the insights of the Data Scientist.

Answer 62

True

Question 63

What are the domains of a Functional Analyst?

Answer 63

(BI) Business Industry

Question 64

They are responsible for crafting the definitive prescriptions that outline the necessary actions for their clients and stakeholders.

Answer 64

Functional Analyst

Question 65

What are the jobs related to Functional Analyst

Answer 65

(RHMFO) Research Analyst Human Resource Analyst Marketing Analyst Financial Analyst Operation Analyst

Question 66

What are the responsibilities of an Analytics Manager?

Answer 66

(DG) Develop Guide Data-Driven Projects

Question 67

What is included in Project Management?

Answer 67

(IPEMC) Initiation Planning Execution Monitoring Closure

Question 68

What are the domains of an Analytics Manager?

Answer 68

Project Management

Question 69

What are the jobs related to an Analytics Manager?

Answer 69

(CPDDA) Chief Data Officer Project Manager Data Engineering Manager Data Science Manager Analytics Translator

Question 70

This helps organizations to provide data-driven decisions

Answer 70

Analytics

Question 71

Analytics are also called ______.

Answer 71

Decision Support System

Question 72

True or False. The Data Value Chain provides end-users with data, information, insights, and prescribed actions.

Answer 72

True

Question 73

True or False. The end-user has the first say whether to act upon data or not.

Answer 73

False (The end-user has the FINAL SAY whether to act upon data or not)

Question 74

True of False. Analytics is used not only as a tool for giving options, but also as a command to make decisions.

Answer 74

False (Analytics is used only as a tool for giving options, NOT as a command to make decisions.