Data Analysis Flashcards
(106 cards)
Help answer questions about what has happened based on historical data
Descriptive Analytics
Summarize large datasets to describe outcomes to stakeholders
Descriptive Analytics
By developing key performance indicators (KPIs), these strategies can help track the success or failure of key objectives.
Descriptive Analytics
Generate reports to provide a view of an organization’s sales and financial data.
Descriptive Analytics
Identify anomalies in the data.
Diagnostic Analytics
Answer questions about why events happened.
Diagnostic Analytics
Supplement basic descriptive analytics, and they use the findings from descriptive analytics to discover the cause of these events.
Diagnostic Analytics
Collect data that’s related to these anomalies.
Diagnostic Analytics
Use statistical techniques to discover relationships and trends that explain these anomalies.
Diagnostic Analytics
Help answer questions about what will happen in the future.
Predictive Analytics
Use historical data to identify trends and determine if they’re likely to recur.
Predictive Analytics
Help answer questions about which actions should be taken to achieve a goal or target.
Prescriptive Analytics
Use insights from predictive analytics, organizations can make data-driven decisions.
Prescriptive Analytics
Rely on machine learning strategies to find patterns in large datasets.
Prescriptive Analytics
Attempt to draw inferences from existing data and patterns, derive conclusions based on existing knowledge bases, and then add these findings back into the knowledge base for future inferences, a self-learning feedback loop.
Cognitive Analytics
Help you learn what might happen if circumstances change and determine how you might handle these situations.
Cognitive Analytics
Closer to the business and is a specialist in interpreting the data that comes from the visualization.
Business Analyst
Enable businesses to maximize the value of their data assets through visualization and reporting tools such as Microsoft Power BI.
Data Analyst
Responsible for profiling, cleaning, and transforming data.
Data Analyst
Design and build scalable and effective data models, and enabling and implementing the advanced analytics capabilities into reports for analysis.
Data Analyst
Turn raw data into relevant and meaningful insights.
Data Analyst
Responsible for the management of Power BI assets, including reports, dashboards, workspaces, and the underlying datasets that are used in the reports.
Data Analyst
Implement and configure proper security procedures, in conjunction with stakeholder requirements, to ensure the safekeeping of all Power BI assets and their data.
Data Analyst
Work with data engineers to determine and locate appropriate data sources that meet stakeholder requirements.
Data Analyst