Week 3

Question 1

Data Analysis Process Phases

Answer 1

1. Ask
2. Prepare
3. Process
4. Analyze
5. Share
6. Act

Question 2

Data Lifecycle

Answer 2

1. Plan
2. Capture
3. Manage
4. Analyze
5. Archive
6. Destroy

Question 3

Data Lifecycle

Plan

Answer 3

Decide what kind of data is needed, how it will be managed, and who will be responsible for it.

Question 4

Data Lifecycle

Capture

Answer 4

Collect or bring in data from a variety of different sources.

Question 5

Data Lifecycle

Manage

Answer 5

Care for and maintain the data. This includes determining how and where it is stored and the tools used to do so.

Question 6

Data Lifecycle

Analyze

Answer 6

Use the data to solve problems, make decisions, and support business goals.

Question 7

Data Lifecycle

Archive

Answer 7

Keep relevant data stored for long-term and future reference.

Question 8

Data Lifecycle

Destroy

Answer 8

Remove data from storage and delete any shared copies of the data.

Question 9

Data Analysis Process

Ask

Answer 9

Define the problem to be solved and make sure to fully understand stakeholder expectations.

Question 10

Data Analysis Process

Prepare

Answer 10

Data analysts collect and store data they’ll use for the upcoming analysis process.

Question 11

Data Analysis Process

Process

Answer 11

Data analysts find and eliminate any errors and inaccuracies that can get in the way of results.

Question 12

Data Analysis Process

Analyze

Answer 12

Involves using tools to transform and organize collected information to draw useful conclusions, make predictions, and drive informed decision-making.

Question 13

Data Analysis Process

Share

Answer 13

Interpret results and share them with others to help stakeholders make effective data-driven decisions.

Question 14

Data Analysis Process

Act

Answer 14

When the business takes all of the insights provided and puts them to work in order to solve the original business problem.