Unit 2 - LO3 Understand the Use of Global Information and the Benefits to Individuals and Organisations

Question 1

Stages of data analysis

Answer 1

1. Identify the need
2. Define the scope
3. Identify potential sources
4. Source and select information
5. Select most appropriate tools
6. Process and analyse data
7. Record and store information
8. Share results

Question 2

1. Identify the need

Answer 2

This is where the objectives of the data analysis program is set.

Question 3

2. Define scope

Answer 3

This stage defines restrictions on the project.

Question 4

3. Identify potential sources

Answer 4

The planners of a project should be able to identify a wide range of sources and ensure that the information gathered is suitable, provides enough information to cover the objectives and is unbiased.

Question 5

4. Source and select information.

Answer 5

This is the stage where the information is gathered and the best is selected.

Question 6

5. Select the most appropriate tools

Answer 6

Information may be presented in many different ways, what do you need in order to process, manipulate and present the information.

Question 7

6. Process and analyse data

Answer 7

This is where data that has been collected is entered into software and analysed.

Question 8

7. Record and store information

Answer 8

This is the stage where reports into the findings are written.

Question 9

8. Share results

Answer 9

This is where the results are published so that stakeholders can inspect them.