Module 2 intro to Data Analytics and business decisions

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Last updated 4:36 AM on 7/6/24
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5 Terms

1
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Clues

Pieces of information that help understand how a business is performing.

2
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Data

Information collected by businesses about customer engagement, website functionality, and other aspects to gain insights and make informed decisions.

3
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"New gold"

Term used to describe high-quality data that holds significant value and can impact individuals and businesses.

4
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Detective work

Process of collecting, analyzing, and gaining insights from clues and evidence, similar to how businesses work with data.

5
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Value of data

Importance of data in creating new ideas, supporting changes, informing successes and failures, and impacting individuals and businesses.