How is Data Quality defined?

Data Quality is defined as an assessment of data based on specific factors such as accuracy, completeness, consistency, timeliness, and relevance. These factors collectively determine how well data serves its intended purpose within an organization. Ensuring high data quality is critical for making informed decisions, maintaining operational efficiency, and providing reliable insights.

Choosing an option that defines data quality as solely focused on data storage efficiency or measuring the costs associated with data management does not encompass the broader and more nuanced characteristics that constitute data quality. Similarly, concentrating solely on data privacy neglects other essential aspects of data quality assessment. Recognizing data quality in terms of multiple dimensions allows organizations to effectively evaluate and enhance their data, ultimately leading to more reliable outcomes in data-driven initiatives.