Glossary terms from course 1, module 1

Analytical skills

Qualities and characteristics associated with using facts to solve problems

Analytical thinking

The process of identifying and defining a problem, then solving it by using data in an organized, step-by-step manner

Context

The condition in which something exists or happens

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 draw conclusions, make predictions, and drive informed decision-making

Data analytics

The science of data

Data design

How information is organized

Data-driven decision-making

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 

Data strategy

The management of the people, processes, and tools used in data analysis

Data visualisation

The graphical representation of data

Dataset

A collection of data that can be manipulated or analyzed as one unit 

Gap analysis

: A method for examining and evaluating the current state of a process in order to identify opportunities for improvement in the future

Root cause

The reason why a problem occurs

Technical mindset

The ability to break things down into smaller steps or pieces and work with them in an orderly and logical way

Visualisation

The graphical representation of data