How does the text differentiate foundational data literacy from a high-income specialization in data skills?

Answer

Mastery of data visualization or statistical modeling, versus a generic understanding of spreadsheets.

While foundational data literacy is rapidly becoming a prerequisite for nearly all white-collar employment, the text establishes that high-income specialization exists at a higher level of application. The difference is marked by the capability to move beyond simply manipulating raw figures in basic spreadsheet programs. True high-income specialization in data involves the mastery of advanced techniques like statistical modeling or sophisticated data visualization. Professionals demonstrating this mastery can utilize tools such as Tableau or Power BI to construct compelling, narrative-driven business insights directly from the raw data, which is a capability far beyond generic spreadsheet competency.

How does the text differentiate foundational data literacy from a high-income specialization in data skills?

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