Data Analysis & Reporting Flashcards
7 cards from real CED practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 7 Data Analysis & Reporting flashcards as text
An executive director notices that monthly revenue reports show high variance. Which statistical measure best quantifies this inconsistency?
Answer: Standard deviation
Standard deviation measures the spread of data points around the mean, directly quantifying variance in revenue figures.
A nonprofit's program data shows a correlation coefficient of -0.85 between staff turnover and client satisfaction. What does this indicate?
Answer: As turnover increases, satisfaction tends to decrease
A correlation of -0.85 is a strong negative relationship, meaning higher turnover is associated with lower client satisfaction.
Which data visualization type is most appropriate for showing how a budget is distributed across multiple program areas?
Answer: Pie chart
A pie chart is ideal for displaying part-to-whole relationships, such as how total budget is divided among departments.
A CED candidate reviews a report where the mean program cost is $50,000 but the median is $28,000. What does this suggest about the data?
Answer: A few very high-cost programs are skewing the average upward
When the mean greatly exceeds the median, a small number of high outlier values are pulling the mean upward in a right-skewed distribution.
Which type of report is most useful for comparing an organization's performance metrics against industry benchmarks?
Answer: Benchmarking report
A benchmarking report directly compares an organization's key metrics to peer organizations or industry standards.
An executive director uses a dashboard that updates in real time. Which data characteristic makes this possible?
Answer: Live or streaming data feeds
Real-time dashboards rely on live or streaming data feeds that continuously push updated information to the display.
When presenting data findings to a board of directors, which practice best ensures clarity and decision-making effectiveness?
Answer: Lead with key insights and use visuals to support conclusions
Leading with key insights and supporting visuals helps board members quickly grasp findings and make informed decisions.