1. What is Data in basic 5
2. Types of data.
3 Sources of data.
1. In basic terms, data refers to any set of values or information that can be processed, analyzed or used to make decisions.
2. There are several types of data, including:
- Numerical data: consists of numerical values, which can be continuous or discrete.
- Categorical data: consists of categories or labels, such as names or colors.
- Ordinal data: consists of ordered categories, such as ranking or ratings.
- Time-series data: consists of values that are measured over time.
- Spatial data: consists of geographic or location-based information.
3. There are various sources of data, including:
- Primary data: data collected for a specific purpose through observation, surveys, experiments, or interviews.
- Secondary data: data collected by others for a different purpose, such as government reports or research studies.
- Internal data: data generated by an organization or business, such as sales reports or customer data.
- External data: data obtained from outside sources, such as market research or social media.