Info Mgmt Quiz 2 - Data & Data Storage

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Primary Key

A field (or group of fields) that uniquely identifies a given entity in a table.

Data Warehouse

A logical collection of data - gathered from many different operational databases - that supports business analysis activities and decision-making tasks.

Entity

A person, place, thing, transaction, or event about which data is stored. Described by a set of attributes.

Foreign Key

A primary key of one table that appears as an attribute in another table and acts to provide a logical relationship among the two tables.

Attribute Instance

A single value of an attribute for an instance of an entity.

Data Lake

A storage repository that holds a vast amount of raw data in its original format until the business needs it (may not have a current use).

5 Characteristics of High Quality Data

Accurate, Complete, Consistent, Timely, Unique

Data Base Management Systems (DBMS)

Allows users to create, read, update, and delete data in a relational database.

Relationship

An association among entities.

Data Aggregation

Collection of data from various sources for the purpose of data processing.

CSVs

Coma Separated Values

Flat File Database

Contains a single table of data.

Data Mart

Contains a subset of data warehouse data.

Relational Database

Contains many tables of data that relate to one another through special key fields.

Four Primary Traits of the Value of Data

Data Type, Data Timeliness, Data Quality, Data Governance

DRIP

Data rich, information poor

External Data

Data that is not collected by your organization (can be public or bought).

Internal Data

Data that is procured and consolidated from different branches within your organization.

Data Visualization

Describes technologies that allow users to "see" or visualize data to transform data into a business perspective•.

Access Control

Determines types of user access, such as read-only access.

Access Level

Determines who has access to the different types of data.

Transactional data

Encompasses all of the data contained within a single business process or unit of work, and its primary purpose is to support the performing of daily operational tasks.

Analytical data

Encompasses all organizational data, and its primary purpose is to support the performing of managerial analysis tasks.

ETL

Extract, Transform, Load

Real-Time Data

Immediate, up-to-date data.

Data Validation

Includes the tests and evaluations used to determine compliance with data governance polices to ensure correctness of data.

Data Base

Maintains data about various types of objects (inventory), events (transactions), people (employees), and places (warehouses) as well as data about data (metadata).

Data Visualization Tools

Move beyond Excel graphs and charts into sophisticated analysis techniques such as pie charts, controls, instruments, maps, time-series graphs, and more.

Data Integrity Issues

Occur when a system produces incorrect, inconsistent, or duplicate data. These issues can cause managers to consider the system reports invalid and make decisions based on other sources.

Data Inconsistency

Occurs when the same data element has different values.

Infographics

Present the results of data analysis, displaying the patterns, relationships, and trends in a graphical format.

Password

Provides authentication of the user.

Real-Time System

Provides real-time data in response to requests (always changing).

Data governance

Refers to the overall management of the availability, usability, integrity, and security of company data.

Data Cube

The common term for the representation of multidimensional data.

Attribute (field, column)

The data elements associated with an entity.

Master Data Management (MDM)

The practice of gathering data and ensuring that it is uniform, accurate, consistent, and complete, including such entities as customers, suppliers, products, sales, employees, and other critical entities that are commonly integrated across organizational systems.


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