Learn Data: Context is King #data
Skills:
Data Literacy90%
Key Takeaways
This video emphasizes the importance of context in understanding data points
Original Description
Without the right context, data points don't have much meaning.
If you went to the Doctor and they told you your blood oxygen level was a 7.3, how would you react?
Where's the context?
What level is expected? Is my level good? Bad?
The point is, you need context to understand the numbers in front of you.
The same thing applies in business.
When Analysts share numbers with their stakeholders, it's important to include context.
What do the trends look like? Are we moving in the right direction?
When you provide the right context, the insights you present have a lot more meaning.
As an Analyst, you are the expert. It's your job to transform the raw data into insights and narratives that help people make data-driven decisions. Providing the right context is one of the keys to doing this effectively.
Happy Learning!
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