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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 visualization
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
phase 1 of data analysis process
ask — understand the question being answeredp
phase 2 of the data analysis process
prepare — gather and verify data that is accurate and useful
phase 3 of the data analysis process
process — clean and organize data
phase 4 of the data analysis process
analyze — uncover answers and solutions
phase 5 of the data analysis process
share — present findings to decision makers via reports/visualization
phase 6 of the data analysis process
act — put data insights into action
stage 1 of the data life cycle
planning — deciding what data is needed, how it’ll be managed, who will be managing it, and deciding the optimal outcomes
stage 2 of the data life cycle
capture — data is collected from a variety of sources; there are countless ways to collect data (i.e. getting data from outside resources/public datasets, company’s own databases, etc.)
stage 3 of the data life cycle
manage — how data is cared for and stored, the tools to keep it secure, the actions taken to make sure data is maintained properly
stage 4 of the data life cycle
analyze — the data is used to solve problems
stage 5 of the data life cycle
archive — storing data in a place its available but may not be used again
stage 6 of the data life cycle
destroy
Database
A collection of data stored in a computer system
Formula
A set of instructions used to perform a calculation using the data in a spreadsheet
Function
A preset command that automatically performs a specified process or task using the data in a spreadsheet
Query
A request for data or information from a database
Query language
A computer programming language used to communicate with a database
Stakeholders
People who invest time and resources into a project and are interested in its outcome
Structured Query Language (SQL)
A computer programming language used to communicate with a database
Spreadsheet
A digital worksheet
Attribute
A characteristic or quality of data used to label a column in a table
Observation
The attributes that describe a piece of data contained in a row of a table
Business task
The question or problem data analysis resolves for a business
Fairness
A quality of data analysis that does not create or reinforce bias
Oversampling
The process of increasing the sample size of nondominant groups in a population. This can help you better represent them and address imbalanced datasets
Self-reporting
A data collection technique where participants provide information about themselves