What are the four steps that should be used when using REAL data?

Question

Quizplus · Accepted Answer

The Answer is The acronym "REAL" in the context of using data typically stands for Relevant, Explanatory, Actionable, and Logically presented. When using REAL data, the four steps that should be followed are:

1. **Relevant**: Ensure that the data you are using is relevant to the question or problem at hand. This means selecting data that directly relates to the objectives you are trying to achieve or the hypotheses you are testing. Irrelevant data can lead to incorrect conclusions and wasted effort.

2. **Explanatory**: The data should be able to explain or provide insights into the problem or situation. It should help to clarify relationships, patterns, and trends rather than just presenting raw numbers. This often involves analyzing the data to extract meaningful information that can be understood and used by stakeholders.

3. **Actionable**: The insights derived from the data should lead to actionable steps. This means that the data should inform decision-making processes and provide a clear direction for what actions to take. Data is most valuable when it can be translated into practical strategies or interventions that address the issue at hand.

4. **Logically presented**: Finally, the data and insights need to be presented in a logical and understandable manner. This could involve visualizations like charts or graphs, or a narrative that walks the audience through the findings. The presentation should be tailored to the audience's level of expertise and their needs, ensuring that the message is clear and compelling.

By following these four steps, you can ensure that the data you use is not only accurate and reliable but also meaningful and effective in driving informed decisions and actions.

What Are the Four Steps That Should Be Used When