Lesson 8   Data and decisions

Lesson 8 Data and decisions

Building on Problem Solving and Data Analytics

Overview of Upcoming Topics

  • The session aims to deepen understanding of problem-solving, data analytics, and crafting effective questions.
  • Key topics include how data influences decision-making at various levels.
  • Discussion will cover the distinction between quantitative and qualitative analysis, including their appropriate applications.

Insights into Data Analysis

  • The presentation will explore the advantages and disadvantages of different data visualization tools.
  • It will also address what metrics are and how analysts utilize them in practice.
  • Emphasis will be placed on mathematical thinking as a means to connect insights derived from data.

Personal Experience with Data Types

  • The speaker shares personal experiences in finance, primarily focusing on quantitative work.
Video description

Google Data Analytics - Course 2 - Ask Questions to Make Data-driven Decisions Lesson 8 Data and decisions In analytics, data drives decision-making. In this part of the course, you’ll explore data of all kinds and its impact on real-life choices and strategies. You’ll also learn how to share your data through reports and dashboards. Learning Objectives Discuss the use of data in the decision-making process Compare and contrast data-driven decision making with data-inspired decision making Explain the difference between quantitative and qualitative data including reference to their use and specific examples Discuss the importance and benefits of dashboards and reports to the data analyst with reference to Tableau and spreadsheets Differentiate between data and metrics, giving specific examples Demonstrate an understanding of what is involved in using a mathematical approach to analyze a problem