Week 1 Glossary Flashcards
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 drive
informed decision-making
Data analytics:
The science of data
Data-driven decision-making:
The process of 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
Dataset:
A collection of data that can be manipulated or analyzed as one unit