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FOA - FINALS
| Question | Answer |
|---|---|
| What is the new resource in the digital world? | Data |
| What is the complete process of creating, collecting, processing, analyzing, and extracting value from data? | Data Value Chain |
| What are the four stages of the Data Value Chain? | Data, Information, Insights, Imperatives |
| What stage involves extraction and consolidation of data into a single repository? | Information |
| What stage involves finding patterns and trends? | Insights |
| What stage involves translating analyzed data into practical recommendations? | Imperatives |
| What discipline is responsible for policies for quality and compliance? | Data Governance |
| What discipline involves end-to-end oversight of data processes? | Data Management |
| What discipline involves safeguarding data from unauthorized access? | Data Security |
| What discipline involves responsible and ethical data handling? | Data Ethics |
| What discipline involves building data systems? | Data Engineering |
| What discipline involves managing structured data? | Data Warehousing |
| What discipline involves designing data systems? | Data Architecture |
| What discipline involves extracting insights for decisions? | Business Intelligence |
| What type of analytics summarizes historical data? | Descriptive Analytics |
| What type of analytics analyzes why an event occurred? | Diagnostic Analytics |
| What type of analytics identifies future events based on historical data? | Predictive Analytics |
| What type of analytics recommends actions derived from analysis? | Prescriptive Analytics |
| What profession develops, enforces, and maintains data policies? | Data Steward |
| What profession works with data repositories where transformed data is stored? | Data Engineer |
| What profession applies statistical techniques and creates models to make predictions? | Data Scientist |
| What profession utilizes data and validates insights of Data Scientists? | Functional Analyst |
| What profession develops and guides data-driven projects? | Analytics Manager |
| What is Analytics called because it helps organizations make data-driven decisions? | Decision Support System |
| What does ETL stand for? | Extract, Transform, Load |
| What are the four categorized skills within Analytics Competencies? | Business and Organization Skills, Technical Skills, Workplace Skills |
| What are the four competencies under Business and Organization Skills? | Domain Knowledge and Application, Data Management and Governance, Operational Analytics, Data Visualization and Presentation |
| What are the five competencies under Technical Skills? | Research Methods, Data Engineering Principles, Statistical Techniques, Data Analytics Methods and Algorithms, Computing |
| What is the only competency under Workplace Skills? | 21st Century Skills |
| What proficiency level involves performing tasks with guidance? | Entry Level |
| What proficiency level involves working independently to achieve organizational goals? | Immediate Level |
| What proficiency level involves identifying new approaches and providing solutions? | Expert Level |
| What competency involves industry knowledge and domain expertise? | Domain Knowledge and Application |
| What competency involves enforcing privacy and data security? | Data Management and Governance |
| What competency involves insight derivation for decision-making? | Operational Analytics |
| What competency involves data visualization and data storytelling? | Data Visualization and Presentation |
| What competency involves utilizing scientific methods to discover new knowledge? | Research Methods |
| What competency involves utilizing software engineering to develop data applications? | Data Engineering Principles |
| What competency involves applying statistical concepts for data analysis? | Statistical Techniques |
| What competency involves implementing machine learning methods and algorithms? | Data Analytics, Methods and Algorithms |
| What competency involves information technology and programming for analysis? | Computing |
| What are the essential skills under 21st Century Skills? | Critical Thinking, Communication, Collaboration, Creativity and Attitude, Planning and Organizing, Business Fundamentals, Customer Focus, Working with Tools and Technology, Dynamic Re-Skilling, Professional Network, Ethics |
| What model introduces maximum proficiency levels for analytics roles? | Professional Maturity Model |
| What model was introduced by Davenport and Harris as the 5 Stages of Analytics Maturity? | DELTA Model |
| What model added two new components in 2017? | DELTA+ Model |
| What does the D in DELTA+ stand for? | Data |
| What does the E in DELTA+ stand for? | Enterprise |
| What does the L in DELTA+ stand for? | Leadership |
| What does the T in DELTA+ stand for? | Targets |
| What does the A in DELTA+ stand for? | Analytics Professional |
| What does the first + in DELTA+ stand for? | Technology |
| What does the second + in DELTA+ stand for? | Analytical Techniques |
| What framework focuses on Data Quality, Accessibility, and Security? | D - Data |
| What framework focuses on coordination and collaboration across the enterprise? | E - Enterprise |
| What framework focuses on committed leadership that understands analytics? | L - Leadership |
| What framework focuses on strategic identification of organizational targets? | T - Targets |
| What framework focuses on cultivating high-performing analytics professionals? | A - Analytics Professional |
| What framework focuses on strategic integration of technologies? | + - Technology |
| What framework focuses on incorporating diverse analytical techniques? | + - Analytical Techniques |
| What is the first stage of Analytics Maturity where organizations lack prerequisites for analytics? | Analytically Impaired |
| What is the second stage of Analytics Maturity with pockets of uncoordinated analytical activity? | Localized Analytics |
| What is the third stage of Analytics Maturity with capabilities established but progress hindered? | Aspirational |
| What is the fourth stage of Analytics Maturity with resources applied but no strategic focus? | Analytical Company |
| What is the fifth stage of Analytics Maturity where analytics is a distinctive business capability? | Analytical Competitor |
| What organization takes the lead in driving analytics and AI growth in the Philippines? | Analytics Association of the Philippines (AAP) |
| What is fundamental to Digital Transformation according to the module? | Analytics |
| What are the four key decisions in designing for digital? | Vision for customers, Strategic driver, Key digital capabilities, Architect business |
| What is digital transformation really about according to the module? | People, not technology |
| What organization wants to increase market share from 10% to 15% in the use case? | Retail store selling Filipino Products |
| Who goes to the marketing team to ask how to increase market share? | Department Head |
| Who suggests checking sales data to focus on a targeted audience? | Functional Analyst |
| Who provides only the necessary data and ensures legal compliance? | Data Steward |
| Who makes a model to test the hypothesis? | Data Scientist |
| Who presents the findings with backed data to the department head? | Functional Analyst |
| Who approves and gives the green light to implement the idea? | CEO |
| What does analytics start with according to the use case? | Hypothesis |
| What enables organizations to answer the question "What happened?"? | Information |
| What enables organizations to answer "Why did it happen?" and "What is likely to happen next?"? | Insights |
| What enables organizations to answer "What steps should be taken next?"? | Imperatives |
| Who are the Data Gatekeepers of an organization? | Data Steward |
| Who brings all the data into one repository? | Data Engineer |
| Who defines a Functional Analyst? | Domain Knowledge and Application |
| Who defines an Analytics Manager? | Operational Analytics |
| Who defines a Data Scientist? | Research Methods, Statistical Techniques, and Data Analytics Methods and Algorithms |
| Who defines a Data Engineer? | Data Engineering Principles |
| What is Data Storytelling? | Using data visualization techniques to tell a story with data |
| What does the 4-step research model consist of? | Hypothesis formulation, research methods selection, artifact creation, and evaluation |
| What does a Data Steward understand regarding data? | What is legally allowed and not |
| What are the key roles in analytics mentioned in Module 4? | Data Steward, Data Engineer, Data Scientist, Functional Analyst, Analytics Manager |
| What is strategy aligned with according to Module 4? | Mission and vision of the organization |
| What does a Functional Analyst excel at making? | Data visualizations and high level explanations |
| What does the AAP stand for? | Analytics and Artificial Intelligence Association of the Philippines |