Data Analytics Terms & Definitions

Question 1

Qualities and characteristics associated with using facts to solve problems

Answer 1

Analytical skills

Question 2

The process of identifying and defining a problem, then solving it by using data in an organized, step-by-step manner

Answer 2

Analytical thinking

Question 3

A characteristic or quality of data used to label a column in a table

Answer 3

Attribute

Question 4

The condition in which something exists or happens

Answer 4

Context

Question 5

A collection of facts

Answer 5

Data

Question 6

The collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making

Answer 6

Data Analysis

Question 7

Someone who collects, transforms, and organizes data in order to draw conclusions, make predictions, and drive informed decision-making

Answer 7

Data Analyst

Question 8

The science of data

Answer 8

Data Analytics

Question 9

How information is organized

Answer 9

Data Design

Question 10

Using facts to guide business strategy

Answer 10

Data-driven decision-making

Question 11

The various elements that interact with one another in order to produce, manage, store, organize, analyze, and share data

Answer 11

Data-Ecosystem

Question 12

A field of study that uses raw data to create new ways of modeling and understanding the unknown

Answer 12

Data Science

Question 13

The management of the people, processes, and tools used in data analysis

Answer 13

Data Strategy

Question 14

The graphical representation of data

Answer 14

Data Visualization

Question 15

A collection of data stored in a computer system

Answer 15

Database

Question 16

A collection of data that can be manipulated or analyzed as one unit

Answer 16

Dataset

Question 17

A set of instructions used to perform a calculation using the data in a spreadsheet

Answer 17

Formula

Question 18

A preset command that automatically performs a specified process or task using the data in a spreadsheet

Answer 18

Function

Question 19

A method for examining and evaluating the current state of a process in order to identify opportunities for improvement in the future

Answer 19

Gap Analysis

Question 20

The attributes that describe a piece of data contained in a row of a table

Answer 20

Observation

Question 21

A request for data or information from a database

Answer 21

Query

Question 22

A computer programming language used to communicate with a database

Answer 22

Query Language

Question 23

The reason why a problem occurs

Answer 23

Root cause

Question 24

People who invest time and resources into a project and are interested in its outcome

Answer 24

Stakeholders

Question 25

The ability to break things down into smaller steps or pieces and work with them in an orderly and logical way

Answer 25

Technical Mindset

Question 26

The question or problem data analysis resolves for a business

Answer 26

Business Task

Question 27

A quality of data analysis that does not create or reinforce bias

Answer 27

Fairness

Question 28

What are the steps in the data analysis process?

Answer 28

``` Ask Prepare Process Analyze Share Act ```

Question 29

What are the steps in the data life cycle process?

Answer 29

``` Plan Capture Manage Analyze Archive Destroy ```

Question 30

A question whose answers lead to change

Answer 30

Action-oriented question

Question 31

A place to keep data online, rather than a computer hard drive

Answer 31

Cloud

Question 32

The six phases of ask, prepare, process, analyze, share, and act whose purpose is to gain insights that drive informed decision-making

Answer 32

Data analysis process

Question 33

The sequence of stages that data experiences, which include plan, capture, manage, analyze, archive, and destroy

Answer 33

Data life cycle

Question 34

A question that steers people toward a certain response

Answer 34

Leading question

Question 35

A question whose answers can be quantified and assessed

Answer 35

Measurable question

Question 36

The various problems that data analysts encounter, including categorizing things, discovering connections, finding patterns, identifying themes, making predictions, and spotting something unusual

Answer 36

Problem types

Question 37

A question that has significance to the problem to be solved

Answer 37

Relevant question

Question 38

A tool for determining a question’s effectiveness based on whether it is specific, measurable, action-oriented, relevant, and time-bound

Answer 38

SMART methodology

Question 39

A question that is simple, significant, and focused on a single topic or a few closely related ideas

Answer 39

Specific question

Question 40

A digital worksheet

Answer 40

Spreadsheet

Question 41

The process of recognizing the current problem or situation, organizing available information, revealing gaps and opportunities, and identifying options

Answer 41

Structured thinking

Question 42

A question that specifies a timeframe to be studied

Answer 42

Time-bound question

Question 43

A process or set of rules followed for a specific task

Answer 43

Algorithm

Question 44

Large, complex datasets typically involving long periods of time, which enable data analysts to address far-reaching business problems

Answer 44

Big Data

Question 45

A tool that monitors live, incoming data

Answer 45

Dashboard

Question 46

The process of exploring different data sources to find out what they have in common

Answer 46

Data-inspired decision-making

Question 47

A single, quantifiable type of data that is used for measurement

Answer 47

Metric

Question 48

A measurable goal set by a company and evaluated using metrics

Answer 48

Metric Goal

Question 49

A chart created from the fields in a pivot table

Answer 49

Pivot chart

Question 50

A data summarization tool used to sort, reorganize, group, count, total, or average data

Answer 50

Pivot table

Question 51

A subjective and explanatory measure of a quality or characteristic

Answer 51

Qualitative data

Question 52

A specific and objective measure, such as a number, quantity, or range

Answer 52

Quantitative data

Question 53

A static collection of data periodically given to stakeholders

Answer 53

Report

Question 54

A formula that uses the metrics of investment and profit to | evaluate the success of an investment

Answer 54

Return on investment (ROI)

Question 55

The total amount of income generated by the sale of goods or services

Answer 55

Revenue

Question 56

Small, specific data points typically involving a short period of time, which are useful for making day-to-day decisions

Answer 56

Small Data

Question 57

A question that makes assumptions or is difficult to answer honestly

Answer 57

Unfair question