Module 1 challenge

Which of the following statements correctly describe data and data analysis? Select all that apply. NOT Data analysis is creating new ways of understanding the unknown using raw data. One goal of data analysis is to draw conclusions Data analysis is the science of data.

Data is a collection of facts. Data analysis involves collecting, transforming, and organizing data.

Data analysts use a _____ approach in order to identify, describe, and work out challenges or issues. problem-oriented strategic big-picture detail-oriented

problem-oriented

Which of the following examples demonstrate data-driven decision-making? Select all that apply. An advertising company relies on the common sense of its copywriting team when creating a new campaign. A financial advisor interviews clients to assess their risk tolerance and investment goals in order to create personalized plans. A school district uses report cards to track performance and identify areas where students need additional support. A dentist's office uses specifics from patient records to track treatment outcomes and improve quality of care.

A financial advisor interviews clients to assess their risk tolerance and investment goals in order to create personalized plans. A school district uses report cards to track performance and identify areas where students need additional support. A dentist's office uses specifics from patient records to track treatment outcomes and improve quality of care.

Which of the following activities are elements of data-driven decision-making? Select all that apply. Ask subject-matter experts to review the results Find and analyze relevant data Figure out the business need or problem to be solved Remove data insights that stem from human intuition

Ask subject-matter experts to review the results Find and analyze relevant data Figure out the business need or problem to be solved

A data professional considers how they can best manage the key elements of an analysis project. They confirm that team members know how to use the right data, ensure there's a clear path to a solution, and check that the right technology is in place. Which analytical skill does this scenario describe? Understanding context Data strategy Curiosity Technical mindset

Data strategy

A business wants to grow its sales by 10% in the next 12 months. The data team helps achieve this goal by collecting data about current sales, their target market, and their competitors. This helps them identify the difference between where they are today and where they want to be in a year. What does this scenario describe?

Gap analysis

Which of the following is NOT a key aspect of analytical thinking? Intuition Strategy Visualization Big-picture and detail-oriented thinking

Intuition

A junior data analyst at a construction company develops a plan about a home-remodeling project. They employ analytical thinking to stay focused and on track. They also consider how to improve the quality and usefulness of the data they collect. Which aspect of analytical thinking does this scenario describe? VIsualization Problem-orientation Correlation Strategic thinking

Strategic thinking

What is the root cause of a problem? A symptom of the problem The problem's consequences Why the problem occurs The impact of the problem

Why the problem occurs

Data science is creating new ways of modeling and _____ by using raw data. answering existing questions understanding the unknown organizing information sharing insights

understanding the unknown