ch 8: Understanding Data's Impact on Business and Blockchain

Infographics

Present the results of data analysis, displaying the patterns, relationships, and trends in a graphical format.

Data artist

A business analytics specialist who uses visual tools to help people understand complex data.

Analysis paralysis

Occurs when the user goes into an emotional state of overanalysis (or overthinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.

Business intelligence dashboards

Track corporate metrics such as critical success factors and key performance indicators and include advanced capabilities such as interactive controls allowing users to manipulate data for analysis.

Data visualization

Describes technologies that allow users to 'see' or visualize data to transform data into a business perspective.

Data visualization tools

Move beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts, controls, instruments, maps, time-series graphs, and more.

Distributed computing

Computers share resources ranging from memory to networks to storage. Individual computers are networked together across geographical areas and work together to execute a workload or computing processes as if they were one single computing environment.

Ledger

Records classified and summarized transactional data.

Blockchain

A type of distributed ledger, consisting of blocks of data that maintain a permanent and tamper-proof record of transactional data.

Proof-of-work

Has two primary goals: to verify the legitimacy of a transaction, or avoid the so-called double-spending, and to create new digital currencies by rewarding miners for performing the previous task.

Blockchain

Formed by linking together blocks, data structures containing a hash, previous hash, and data.

Genesis block

The first block in a blockchain, which has no previous hash.

Hash

The block's unique identifier like a fingerprint.

Immutability

The property of a blockchain that prevents data from being altered or deleted.

Digital Trust

Confidence in the integrity and reliability of digital transactions facilitated by blockchain technology.

Internet of Things Integration

The capability of blockchain to connect and secure devices within the Internet of Things ecosystem.

Low weight (age 18-34)

14 individuals fall into this category.

Low weight (age 35-49)

1 individual falls into this category.

Low weight (age 50-64)

1 individual falls into this category.

Low weight (age 65-74)

1 individual falls into this category.

Low weight (age 75+)

1 individual falls into this category.

Normal weight (age 18-34)

9 individuals fall into this category.

Normal weight (age 35-49)

4 individuals fall into this category.

Normal weight (age 50-64)

3 individuals fall into this category.

Normal weight (age 65-74)

1 individual falls into this category.

Normal weight (age 75+)

1 individual falls into this category.

Over weight (age 18-34)

5 individuals fall into this category.

Over weight (age 35-49)

5 individuals fall into this category.

Over weight (age 50-64)

4 individuals fall into this category.

Over weight (age 65-74)

2 individuals fall into this category.

Over weight (age 75+)

2 individuals fall into this category.

Obese (age 18-34)

4 individuals fall into this category.

Obese (age 35-49)

5 individuals fall into this category.

Obese (age 50-64)

5 individuals fall into this category.

Obese (age 65-74)

3 individuals fall into this category.

Obese (age 75+)

1 individual falls into this category.