FTC Data Week 1

What is the DIKW model used for?

• Understanding the difference between raw data and processed data.

• Explaining the steps from data to wisdom.

• Analysing consumer trends through datasets.

• Organising business goals effectively.

Which of the following is NOT an example of how businesses use data?

• Monitoring staff productivity.

• Improving system processes.

• Predicting peak electricity usage.

• Avoiding tax audits.

Which type of data is used for representing geographical locations?

• Temporal

• Geospatial

• Logical

• Media

What is an example of open data?

• Financial reports from private firms.

• Publicly available government statistics.

• Password-protected company records.

• Paid datasets

What is a benefit of using CSV files for importing data?

• Preserves complex formulas.

• Simplifies data transfer as plain text.

• Stores multimedia content efficiently.

• Allows for secure data encryption.

Which of the following describes proprietary data?

• Data available for free public use.

• Data owned and licensed by specific entities.

• Anonymised datasets shared between companies.

• Machine-readable government data.

What does the Internet of Things (IoT) enable?

• Connecting physical devices to the internet for data sharing.

• Storing large datasets in the cloud.

• Preventing cybersecurity breaches.

• Analysing historical sales trends.

What is an example of external data for a company?

• Employee payroll records.

• Customer purchase history stored in-house.

• Weather data purchased for forecasting.

• Internal marketing strategies.

What should you do if you cannot attend a session?

• Email [e-mail].

• Notify the tutor as soon as possible.

• Wait for the recording to review later.

• Contact Cisco or w3schools for a make-up lesson.

Why is taking breaks during sessions important?

• It helps with managing time zones.

• To reduce eye strain and improve focus.

• To access additional class materials.

• To stay updated on safeguarding policies.