Scribd
Upload
8 views

Entrepreneurship and Data Literacy Worksheet

Uploaded by

zeebro581
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
8 views

Entrepreneurship and Data Literacy Worksheet

Uploaded by

zeebro581
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

Entrepreneurship and Data Literacy Worksheet (With Answers)

Section 1: Understanding Entrepreneurship

1. Define Entrepreneurship.
Answer:
Entrepreneurship is the process of identifying opportunities and turning them into
ventures by taking risks, innovating, and creating value. It plays a vital role in economic
development by creating jobs, generating wealth, and fostering innovation.
2. Business Types Match-Up.
Match the business type to its example:

Business Type Example


Service Business A law firm
Manufacturing Business A car factory
Merchandising Business A grocery store
Trading Business A real estate broker
Hybrid Business A restaurant (manufacturing, service, merchandising)

3. Answer: Correctly matched above.


4. List two characteristics of a successful entrepreneur.
Answer:
o Innovation: Developing new ideas or solutions.
o Resilience: The ability to overcome challenges and persist despite failures.

Section 2: Data Literacy Basics

4. What is data literacy?


Answer:
Data literacy is the ability to understand, interpret, and communicate with data. It
involves collecting, analyzing, and presenting data in meaningful ways.
5. Label the stages of the Data Pyramid.
Fill in the blanks with: Wisdom, Knowledge, Information, Data (bottom to top).
o Data: Raw facts or figures (e.g., temperatures recorded over a week).
o Information: Processed data providing context (e.g., the average temperature of
the week).
o Knowledge: Insights derived from information (e.g., it is unusually warm this
week compared to last year).
o Wisdom: Understanding why patterns occur (e.g., warmer temperatures due to
climate change).
Answer: Correctly labeled above.

Section 3: Business and Data in Action

6. Case Study:
Sanjeev Bikhchandani identified a gap in the Indian job market and created the first job
portal, Naukri.com. Based on his story:
a) What type of business does Naukri.com represent?
Answer: Service Business (provides job portal services).

b) Name one characteristic of entrepreneurship shown by Sanjeev.


Answer: Innovation (creating India’s first job portal).

Section 4: Data Security and Privacy

7. Differentiate between data privacy and data security.


Answer:
o Data Privacy: Proper handling of sensitive data, ensuring it is only collected and
used with consent.
o Data Security: Protecting digital data from unauthorized access, corruption, or
theft.
8. Best Practices for Cybersecurity:
Identify whether these are Do’s or Don’ts:

Practice Do or Don’t?
Use strong, unique passwords. Do
Share personal information online. Don’t
Update your antivirus regularly. Do
Open email attachments from strangers. Don’t

9. Answer: Correctly categorized above.

Section 5: Data Analysis in Practice

9. Identify the type of data:


a) Ratings for a product (1 to 5 stars):
Answer: Quantitative (Discrete).

b) Reviews for a product:


Answer: Qualitative.
10. Why is clean data important for AI?
Answer:
Clean data ensures accuracy, removes errors, and enhances the reliability of AI models.
Dirty data, with duplicates or missing values, can lead to incorrect analysis and poor
decision-making.

Section 6: Activity

11. Create a Pie Chart:


Using this data on a class of 50 students, draw a pie chart showing marks distribution:

Marks Range Number of Students


Less than 20 6
20-29 14
30-40 17
41-44 8
45 and Above 5

Answer: (Students can use software like Excel or draw manually.)

You might also like