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As a group, you will explore an area of interest using the SOAR analytics model. The area of interest could be related to one of
As a group, you will explore an area of interest using the SOAR analytics model. The area of interest could be related to one of the personal pitches, but it does not have to be For this project, you ask the question, find appropriate data sources to address your question, analyze the data, and then report your findings to a decisionmaker.You will take on the role of the group of analysts hired to present an analysis asking and addressing an accounting, finance, marketing, operations, supplychain, or other businessrelated question that you believe will help the company address an issue. You will provide recommendations to the CEO of a businessorganizationThe question might relate to helping the company maximize profits, find the most profitable customers or most costeffective worker, make the supply chain more efficient, market the product more effectively, andGroup Presentation Content & Research Provide background and an overview Of nokia Summarize key facts about the businessorganization Describe key factors that affect the organizations performance as a profitmaximizing, governmental, or nonprofit entity Describe important current events affecting the organization that might give rise to your question. Explain your role and motivation What bigpicture problem are you trying to address or solve with business analytics? Why is addressing this issue important to your organization? Specify the question Which specific questions are you trying to answer? How will you use business analytics to answer thisese questions The more specific you can be with the question, the more specific your search for data and your data analysis can be When asking a question, consider whether you can gain access to appropriate data that can answer that question Obtain the data Which data sets will you use to answer the question? Are there any issues with data quality and other data manipulations, transformations, and additional attributes you may have to develop? Analyze the data How will you analyze the data? Which types of analytics are most applicable to your questions? Will you use descriptive, diagnostic, predictive, prescriptive, or adaptive analytics, or some combination of them? Which specific techniques will you use? What are the main limitations of your analyses? Are you concerned about dataquality issues in your data set?
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