Data module1

Flashcards based on lecture notes to help students review and prepare for exams.

What is a high turnover rate?

High turnover rate refers to a situation where employees leave a company at a frequent rate.

What does a high retention rate indicate?

High retention rate signifies a company's ability to keep its employees for a longer period.

What does 'aggregated and summarized' mean in the context of data?

Refers to data that has been compiled and summarized for better understanding.

What does 'transparent' mean?

Meaning easily accessible and understandable.

What does 'standardize' mean?

To bring something into a standard form or to apply standards.

What does 'is composed of' mean?

To consist of or be made up of.

What are 'phases'?

Stages in a process or project.

What is 'data-driven decision-making'?

The process of using data to make informed and effective decisions.

What is 'inconsistency'?

A lack of uniformity or consistency.

What does 'examine' mean?

To inspect or scrutinize something carefully.

What is a 'dilemma'?

A difficult situation or problem.

What does 'world-class' mean?

The best quality or standard.

What does 'decent' mean?

Adequate or acceptable.

What is 'iteration'?

The repetition of a process.

What is 'earlier stage'?

An initial or preliminary part of a process.

What does 'work through the process' mean?

To execute a sequence of actions.

What does 'obtain' mean?

To gain or acquire possession of something.

What does 'harness' mean?

To control and make use of natural resources, especially to produce energy.

What does 'all rolled into one' mean?

To combine several things into one.

What is 'the quest'?

A long or difficult search or pursuit.

What does 'dive into' mean?

To explore something in depth.

What is a 'pervasive myth'?

A widely held but false belief or idea.

What does 'folks' mean?

An informal term for people.

What is an 'umbrella term'?

A general term that includes a wide range of items.

What is a 'discipline'?

An area of study.

What does 'rigor' mean?

Accuracy and precision.

What are 'gems'?

Something precious or valuable.

What is 'ambiguity of exploration'?

Uncertainty during exploration.

What does 'thrive on' mean?

To prosper or flourish.

What does 'let go a little bit of any temptations towards perfectionism' mean?

To incrementally release the drive for flawlessness.

What is 'the thrill of exploration'?

Excitement for exploration.

What does 'is rooted in' mean?

Having origin in.

Who is an 'archaeologist'?

A scientist who studies human history and prehistory.

What is a 'pyramid'?

A geometrical shape.

What does 'owe' mean?

Feel indebted to someone.

What does 'upfront and at the end' mean?

Beforehand and at the end.

What does 'uniformly' mean?

Constant.

What are 'fundamental rules'?

Basic rules.

What does 'objective' mean?

Impartial.

What does 'is cyclical with' mean?

Recurrent.

What is 'acquisition'?

The act of getting something.

What is 'extraction'?

Retrieval.

What is 'validation'?

Affirmation.

What does 'evolve' mean?

Unfold.

What is 'outback'?

Remote rural area.

What are 'tadpoles in a puddle'?

Early stage of frogs.

What does 'tap into' mean?

To make use of.

What does 'prospective' mean?

Likely.

What is 'misconception'?

Wrong notion.

What does 'come across' mean?

Encounter.

What is 'broad concept'?

Extensive idea.

What does 'encompass' mean?

To involve.

What is 'colony'?

Territory.

What is 'the tip of the iceberg'?

The visible part.

What does 'empower' mean?

To enable.

What does 'Figure out' mean?

Identify.

What does 'branch out' mean?

Extend.

What does 'doorstep' mean?

Threshold.

What does 'obsolete' mean?

Outdated.

What is 'intuition'?

Instinct.

What is 'intuitive gut instinct'?

Innate instinct.

What does 'conscious' mean?

Aware.

What does 'biased' mean?

Skewed.

What does 'banking on the reputation' mean?

Relying on reputation.

What does 'sold at a loss' mean?

Selling for less than the price.

What does 'blend data' mean?

Combine information.

What is 'time constraint'?

Limited time.

What is 'perk'?

Advantage.

What does 'proactive' mean?

Initiating.

What does 'an opportunity presents itself' mean?

An opportunity shows up.