Data Formats and Types: An Overview
Data Formats and Types: An Overview
When you think about the word "format," a lot of things might come to mind. Think of an advertisement for your favorite store. You might find it in the form of a print ad, a billboard, or even a commercial. The information is presented in the format that works best for you to take it in. The format of a dataset is a lot like that, and choosing the right format will help you manage and use your data in the best way possible.
- Primary Data:
eg: Data from an interview you conducted
- Secondary Data:
Gathered by other people or from other researchers.
eg: Data you bought from a local data analytics firm’s customer profiles
Internal Data Vs External Data:
- Internal Data:
Data that lives within the company's own system.
eg: Wages of employees across different business units tracked by HR
Product inventory levels across distribution centers
- External Data:
Data that lives or collected from outside the organisation.
eg: National average wages for the various positions throughout your organisation
Continuous Data Vs Discrete Data:
- Continuous Data:
eg: Height of kids in third grade classes (52.5 inches, 65.7 inches)
- Discrete Data:
eg: Number of people who visit a hospital on a daily basis (10, 20, 200)
Structured Data Vs Unstructured Data:
- Structured Data:
eg: Expense reports
- Unstructured Data:
eg: Social media posts
Nominal Data Vs Ordinal Data:
- Nominal Data:
eg: First time customer, returning customer, regular customer
- Ordinal Data:
eg: Movie ratings (number of stars: 1 star, 2 stars, 3 stars)
Qualitative Data Vs Quantitative Data:
- Qualitative Data:
eg: Favorite brands of most loyal customers
- Quantitative Data:
eg: Percentage of board certified doctors who are women
Comments
Post a Comment