Content Area 6: Data

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API (Application Programming Interface)

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A software intermediary that allows two applications to communicate, facilitating data requests and exchanges.

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Artificial Intelligence (AI)

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Intelligence created by machines/technology, rather than human beings.

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Boolean

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A data type in computing representing one of two possible values (true/false), often used in conditional statements.

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Break-even

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The point where total revenue and total costs are equal, meaning no profit or loss is made.

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Data

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Raw, unprocessed numbers or text without context, stored in a computer system.

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Data Assurance

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The process of ensuring data accuracy, completeness, and reliability through validation and verification.

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Data Lake

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A vast storage repository that holds raw, unprocessed data from various sources, requiring processing before analysis.

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Data Mining

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The process of analyzing large datasets to find patterns, trends, and useful insights for decision-making.

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Data Model

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A framework to organize and define relationships between data elements, such as conceptual, logical, and physical models.

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Data Quality

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A measure of how accurate, complete, and reliable a dataset is for its intended purpose.