Online Module: Data Literacy & Data Intuition





Topics of this Online Module:

  • Data Are Not Insights
  • Understanding your psychological biases in decision making
  • Data-Driuven Decision Making
  • How to ask data-driven questions
  • How to evaluate data integrity
  • Creating richer data-driven dialogue
  • The art of guestimating - the Fermi method
  • Emerging areas in data-driven decision making


Videos of this Online Module


I. Video - Data Are Not Insights

Topics covered in this video:

  • Data Quality Drives Quality of Insights
  • Difference Between Accuracy and Precision
  • Putting Numbers Into Context

Slides of this Video (in PDF)



II. Video - Understanding your psychological biases in decision making

Topics covered in this video:

  • Cognitive Biases
  • Framing Effect
  • Confirmation Heuristic

Slides of this Video (in PDF)



III. Video - Data-Driven Decision Making

Topics covered in this video:

  • The Decision-Centric Approach
  • 14 Tips For An Enhanced Data-Driven Decision Making Strategy
  • Role of Dashboards for Data Driven Decisions

Slides of this Video (in PDF)



IV. Video - How to ask data-driven questions

Topics covered in this video:

  • What makes a great data-driven question?
  • How to prioritize data-driven questions?
  • Data Analysis Questions to Improve Your Business Performance

Slides of this Video (in PDF)



V. Video - How to evaluate data integrity

Topics covered in this video:

  • Data Integrity vs Data Quality vs Data Security
  • How to Evaluate Data Integrity
  • How to Preserve Data Integrity

Slides of this Video (in PDF)



VI. Video - Creating richer data-driven dialogue

Topics covered in this video:

  • Data Driven Dialogue  What is Needed?
  • The Collaborative Learning Cycle

Slides of this Video (in PDF)



VII. Video - The art of guestimating - the Fermi method

Topics covered in this video:

  • The Fermi Method  How Does It Work?
  • Estimation Tips: Estimate by Bounding
  • Fermi Estimation Failure Modes

Slides of this Video (in PDF)



VIII. Video - Emerging areas in data-driven decision

Topics covered in this video:

  • The Pandemic and Its Effects on Decision Making Processes
  • Transforming Your Workforce into Data Professionals
  • Ways to Integrate Data in Daily Workflows

Slides of this Video (in PDF)





All Slides Presented in All Videos (combined together)

Here you can download the slides, which were introduced, explained and presented in the videos of this online module about Data Literacy & Data Intuition.





Legal Disclaimer

Module recordings are made for the benefit of students to have access to the course content regardless of geographic location. Any personal recording or other non-academic use of these sessions is strictly prohibited. The recordings may not be shared, copied or redistributed without the explicit permission of the instructor. Forwarding, uploading to YouTube or other platforms or commercial distribution is strictly prohibited and will be prosecuted. Similarly, the accompanying slides are developed to illustrate the course content and made solely for the convenience of students. They may not be shared, copied or redistributed without the explicit permission of Prof. Dr. Florian Stahl.





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