CORRECT ANSWERS LATEST 2025 2026 UPDATE
◉Second Party Data . Answer: Data is collected directly by another
group then sold
◉Third Party Data . Answer: Data sold by a provider that did not collect
the data themselves
◉Data Collection Considerations . Answer: Select The Right Type of
Data
Determine the Time Frame
Collect New Data
Use Existing Data
◉Data Formats . Answer: Primary Vs Secondary, Internal Vs. External,
Continuous Vs. Discrete, Qualitative Vs. Quantitative, Nominal Vs
Ordinal, Structured Vs. Unstructured
◉Structured Data . Answer: Organized in a certain format such as rows
and columns
, ◉Unstructured Data . Answer: Not Organized in any easy way to
identify
◉Data Modeling . Answer: Process of creating diagrams that visually
represents how data is organized and structured. These visual
representations are called data models
◉Three most common types of data modeling . Answer: Conceptual
Data Modeling, Logical Data Modeling, Physical Data Modeling
◉Data Type . Answer: A specific Kind of data attribute that tells what
kind of value the data is
◉Data Type in a Spreadsheet . Answer: Can be a number, text/string, or
a Boolean
◉Boolean Logic . Answer: Uses Multiple conditions such as: boolean
operators (AND, OR, NOT)
◉Data transformation . Answer: Process of changing the data's format,
structure, or values
◉Goals of Data Transformation . Answer: Organization, Compatibility,
Migration, Merging, Enhancement, or Comparison