Stages of Data Analysis Flashcards

1
Q

What is data analysis?

A

Answering questions based on good quality information from carefully selected and sourced data

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2
Q

What does identifying the need involve?

A
  • What information is needed
  • What are you trying to address
  • Setting objectives
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3
Q

What does defining the scope involve?

A
  • Address content, budget, timescales & constraints
  • Deciding what to measure
  • How to measure it
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4
Q

What does identifying potential sources involve?

A
  • Ensuring information sources are reliable

- Seeing what data sources are available

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5
Q

What does sourcing and selecting information involve?

A
  • Excluding any sources that are not needed

- Setting up a file storage and naming system

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6
Q

What does selecting the most appropriate tools involve?

A
  • Selecting the best tools to use to present the information
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7
Q

What does processing and analysing data involve?

A
  • Organising the data to see if it answers the original question
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8
Q

What does recording and storing information involve?

A
  • Interpret and record results

- Check if you have missed anything

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9
Q

What does sharing results involve?

A
  • Sending information out to shareholders
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