What is data analysis Flashcards

1
Q

What is data analysis?

A

It is examining and analysing raw data.

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2
Q

Why do we examine and process this data?

A

To 1) Derive meaningful information and 2) Draw actionable insights.

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3
Q

True or False

Does data analysis play a significant role in decision-making within any sector?

A

True

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4
Q

How does data analysis help us prepare for the future?

A

It looks at past trends and identifies the patterns and information from existing data.

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5
Q

What do we call large and complex data? And can it be stored as anything?

A

Big Data. It can be stored as anything for example, photos and videos on social media.

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6
Q

What is the role of a data analyst?

A

To collect, clean, and interpret data sets in order to answer a question or solve a problem.

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7
Q

What are the steps to converting raw data into insights?

A
  1. Define the problem
  2. Collect the data
  3. Clean the data
  4. Analyse the data
  5. Create Visualisations
  6. Share your findings
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8
Q
A
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