data analytics week 1

Understanding context is an analytical skill best described by which of the following? Select all that apply.

Adding descriptive headers to columns of data in a spreadsheet Identifying the motivation behind the collection of a dataset Gathering additional information about data to understand the broader picture

The qualities and characteristics associated with solving problems using facts

Analytical skills

The analytical skills that has to do with how you group things into categories

Understanding context

Question 7 A data analyst finishes analyzing data for a marketing project. The results are clear, so they present findings and recommendations to the client. What should they have done before that presentation?

Shared the results with subject-matter experts from the marketing team for their input

To get the most out of data-driven decision-making, it's important to include insights from people very familiar with the business problem. Identify what these people are called.

Subject-matter experts

Which of the following options describes data analysis?

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

Data analysts ask, "Why?" five times in order to get to the root cause of a problem.

True

Data-driven decision-making involves the five analytical skills: curiosity, understanding context, having a technical mindset, data design, and data strategy. Each plays a role in data-driven decision-making.

True

Gap analysis is a method for examining and evaluating how a process works currently in order to get where you want to be in the future.

True

Gap analysis is used to examine and evaluate how a process currently works with the goal of getting to where you want to be in the future.

True

Data strategy

Which analytical skill involves managing the people, processes, and tools used in data analysis?

Correlation

Which aspect of analytical thinking involves being able to identify a relationship between two or more pieces of data?

Question 3 Fill in the blank: The primary goal of a data _____ is to create new questions using data.

scientist

What tactics can a data analyst use to effectively blend gut instinct with facts? Select all that apply.

-Use their knowledge of how their company works to better understand a business need. -Apply their unique past experiences to their current work, while keeping in mind the story the data is telling.

An airline collects, observes, and analyzes its customers' online behaviors. Then, it uses the insights gained to choose what new products and services to offer. What business process does this describe?

Data-driven decision-making

Billings Upholstery has defined a problem it needs to solve: Find a more environmentally friendly way to produce its furniture. A data analyst gathers relevant data, analyzes it, and uses it to draw conclusions. The analyst then shares their analysis with subject-matter experts from the manufacturing team, who validate the findings. Finally, a plan is put into action. This scenario describes what process?

Data-driven decision-making

A Technical mindset

A data analyst works for an appliance manufacturer. Last year, the company's profits were down. Lower profits can be a result of fewer people buying appliances, higher costs to make appliances, or a combination of both. The analyst recognizes that those are big issues to solve, so they break down the problems into smaller pieces to analyze them in an orderly way. Which analytical skill are they using?

In data analytics, what term describes a collection of elements that interact with one another?

A data ecosystem

The analytical skills that involves breaking processing down into smaller steps and working with them in an orderly logical way

A technical mindset

Which of the following terms refers to the collection, transformation, and organization of data in order to draw conclusions, make predictions, and drive informed decision-making?

Data analysis

The analytical skills that involves how you organize information

Data design

Which of the following statements best defines data?

Data is a collection of facts.

The analytical skills that involves managing the process and tools used in data analysis

Data strategy

Fill in the blank: In data analytics, the data ecosystem refers to the various elements that interact with one another to produce, manage, store, _____, analyze, and share data.

organize

Seeking out new challenges and experiences

Curiosity is an analytical skill that involves which of the following?

Correlation is the aspect of analytical thinking that involves figuring out the specifics that help you execute a plan.

FALSE

analytical skills

Fill in the blank: Curiosity, understanding context, and having a technical mindset are all examples of _____ used in data-driven decision-making.

Gap analysis

Gap analysis lets you examine and evaluate how a process works currently in order to get where you want to be in the future.

Which of the following are examples of data visualizations? Select all that apply.

Graph, chart, map

Data ecosystem

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

analytical thinking

What practice involves identifying, defining, and solving a problem by using data in an organized, step-by-step manner?