Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Address various aspects of some of these questions around Data Driven Decisions. I've listed some areas here for you to consider researching/discussing. Be sure
Address various aspects of some of these questions around Data Driven Decisions. I've listed some areas here for you to consider researching/discussing. Be sure to listen to the lectures, including the guest lecturer. The guest lecturer has a Masters in Data Analysis, and has some interesting insights to share. Is there really such a thing as a data driven decision? How do data driven decision help you in problem solving, which allow us to find solutions via info gathering, critical thinking, and quantitative logic (define the problem, identify root causes, identify solutions, choose the best, implement & verify the solution). Or you may consider the following additional prompts.... Describe for me how we can use data to drive business growth? What are some ways you like to see data represented and how does it help you with decision making, e.g., Data Representation - Flowcharts, Scatter Diagrams, Histogram, Cause/Effect diagrams, Affinity Diagrams, Matrix Diagrams. Is there a role for a decision making matrix in conducting data driven decisions? Is qualitative analysis useful for data driven decision making? What is your approach to data gathering? How do we assess data accuracy if we are using this data for data driven decisions?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started