Exam (elaborations)
Data Analysis Course Latest Q&As
- Course
- Institution
Data Analysis Course Latest Q&As
[Show more]
Seller
Follow
modocko752
Content preview
Data Analysis Course Latest Q&AsData - ANS-A collection of facts.
Data Analysis - ANS-The collection, transformation, and organization of data in order to
draw conclusions, make predictions, and drive informed decision making.
Data Analyst - ANS-Someone who collects, transforms, and organizes data in order to
help make informed decisions.
Data Analytics - ANS-Science of data.
After analysts have created insights from data, what happens? - ANS-Those insights
are shared with others, decisions are made, and businesses take actions.
People Analytics - ANS-The practice of collecting and analyzing data on the people who
make up a company's workforce in order to gain insights to improve how the company
operates.
6 Steps of Analysis Process - ANS-Ask, Prepare, Process, Analyze, Share, and Act.
Decision Intelligence - ANS-A combination of applied data science and the social and
managerial sciences.
Data science encompasses 3 disciplines: - ANS-machine learning, statistics, and
analytics.
What is the data ecosystem? - ANS-Made up of various elements that interact with one
another in order to produce, manage, store, organize, analyze, and share data.
The ________ is a place to keep data online, rather than on a computer hard drive. -
ANS-cloud
Data Science - ANS-Creating new ways of modeling and understanding the unknown by
using raw data
Data Scientists vs. Data Analysts - ANS-Data scientists create new questions using
data, while analysts find answers to existing questions by creating insights from data
, sources.
Data Driven Decision Making - ANS-Using facts to guide business strategy.
What is the first step of data driven decision making? - ANS-Figuring out what
businesses need (usually problem solving).
To get the most out of data driven decision making, it's important to include insights from
_____________. - ANS-Subject matter experts (people who are familiar with the
business problem).
What do subject matter experts have the ability to do? - ANS-They have the ability to
look at the results of data analysis and identify any inconsistencies, make sense of gray
areas, and eventually validate choices being made.
Gut Instinct - ANS-An intuitive understanding of something with little or no explanation.
Data Analysis Life Cycle - ANS-The process of going from data to decision.
Analytical Skills - ANS-Qualities and characteristics associated with solving problems
using facts.
5 essential data analysis skills - - ANS-curiosity, understanding context, having technical
mindset, data design, and data strategy
Curiosity - ANS-Wanting to learn something
Understanding Context - ANS-Context is the condition in which something exists or
happens. Can be structure or environment. (How you group things)
Technical Mindset - ANS-The ability to break things down into smaller steps or pieces
and work with them in an orderly and logical way.
Data Design - ANS-How you organize information (ex: contacts in your phone)
Data Strategy - ANS-The management of the people, processes, and tools used in data
analysis.
Analytical Thinking - ANS-Involves identifying and defining a problem and then solving it
by using data in an organized, step-by-step manner.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller modocko752. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73314 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now