M5 - Data Lifecycle Process Overview
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Questions and Answers

What is the primary focus of the preparation stage in the data lifecycle?

  • Removing data from the system permanently
  • Enhancing completeness and integrity of data (correct)
  • Sharing data with external users
  • Creating calculated fields for data synthesis
  • Which step in the data lifecycle involves moving data from active systems to passive systems?

  • Publication
  • Capture
  • Purging
  • Archival (correct)
  • What is NOT a characteristic of the purging stage in the data lifecycle?

  • Data is still actively used by the business (correct)
  • Removal of data from the system
  • There is no legal requirement for the data
  • Data becomes useless
  • Which of the following best describes the Extract, Transform, Load (ETL) process?

    <p>A method to convert raw data into useful information</p> Signup and view all the answers

    What distinguishes active data collection from passive data collection?

    <p>Active data collection requires direct permission</p> Signup and view all the answers

    Study Notes

    Data Lifecycle Process

    • The Data Lifecycle Process (DCP) has eight stages: Definition, Capture, Preparation, Synthesis, Analytics and Usage, Publication, Archival, and Purging.

    Definition Stage

    • Identifying the specific data needed by the business.

    Capture/Creation Stage

    • Creating internal data or collecting from external resources.

    Preparation Stage

    • Improving data completeness and accuracy. This includes data integration, cleaning, and encryption. Moving data introduces potential risks.

    Synthesis Stage

    • Creating calculated fields to enhance data usability.

    Analytics and Usage Stage

    • Utilizing data for internal company purposes. (Optional step)

    Publication Stage

    • Sharing data with external users/customers.

    Archival Stage

    • Moving data from active to passive systems, freeing up resources.

    Purging Stage

    • Removing useless data from the system when no legal or other requirements exist.

    Data Collection Types

    • Extract, Transform, Load (ETL): Collecting data from sources, transforming it, and loading it into a new system.
      • Extract: Gathers and retrieves data.
      • Transform: Converts data into a usable format.
      • Load: Transfers data into an analytical system for use.
    • Active Data Collection: Obtaining data directly from employees, customers, or users.
    • Passive Data Collection: Collecting data without direct permission, such as through website cookies or AI algorithms.

    Complexities of External Data Sources

    • Potential copyright issues.
    • Safety and security concerns.
    • Integrity and accuracy issues.

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    Quiz Team

    Description

    Explore the comprehensive stages of the Data Lifecycle Process (DCP), including Definition, Capture, Preparation, Synthesis, Analytics and Usage, Publication, Archival, and Purging. This quiz will test your understanding of each stage's importance and function in data management.

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