Module 5: Data and Information

Question 1

The Data Pyramid

Answer 1

concept that visualizes the data-information-knowledge-wisdom hierarchy.

Question 2

Information

Answer 2

a collection of processed data from a variety of sources. -meaning.
It’s hot outside. The time is 3:05 am. The customer’s name is Mike. The price of the item is $4.25.

Question 3

Data

Answer 3

is continually aggregating and is not useful until it has been processed and is presented in a usable form. RAW FACTS or OBSERVATIONS. Data organized then information can be inferred.
18:23 45 mph 15% humidity Phoenix

Question 4

Knowlegde

Answer 4

dynamic combination of experience, values, contextual information, expert insight, and grounded intuition that provides an environment and framework for evaluating and incorporating new experiences and information. - context

Question 5

Wisdom

Answer 5

Knowing the right thing to do

Question 6

Connectedness Wisdom

Answer 6

“the path to connected understanding” when interpreting data.

Question 7

Flipped Pyramid

Answer 7

Big data and data science take us from seeing and learning from the past and present to looking at the future. We typically work within the pyramid knowing about the possible dynamics in the business and try to discover parameters of a dynamic that we are aware of.

Question 8

Unstructured Data

Answer 8

complex and possibly stored in a format that is not easily decoded. Examples of unstructured data include data stored in text or video format, comments on a web page, text messages, and videos of presentations.
Most of the data stored today are unstructured and include things such as text, blogs, clickstreams, tweets, and audio. This data is not organized in a way that allows for analysis.

Question 9

Structured Data

Answer 9

is coded in a way that makes it easy to convert into a form usable for analysis. Examples of structured data include contact information such as first name, last name, email address

Question 10

Big Data

Answer 10

incapable of being processed by previous generations of analytical tools. estimated to grow 45% annually for the foreseeable future.

Question 11

Information Systems

Answer 11

collections of data and information used to support decision-making in organizations. the term information systems will be used as a synonym for computer-based information systems.

Question 12

Data Management

Answer 12

organization must understand the data it collects and its IT processes. Business requirements can change often; flexible architectures support these changes and allow for both data collection and analysis.

Question 13

Three Core Variations of Cloud-Based Systems

Answer 13

Infrastructure as a service (IaaS)
Platform as a service (PaaS)
Software as a service (SaaS)

Question 14

The IaaS Model

Answer 14

provides access in a virtualized environment and the computing resources are composed of virtualized hardware.If the client is responsible for licensing the operating system and managing the back-end networking, it is considered IaaS.

Question 15

Paas Model

Answer 15

customers have access to a platform that supports the development and management of web applications. If the cloud service provider is responsible for licensing the operating systems and back-end storage and networking, it is considered PaaS.

Question 16

SaaS Model

Answer 16

the software is licensed to customers with subscriptions and central hosting. Some examples include Gmail, Google Docs, and Microsoft Office 365.