Question
Subject: Data Mining and Analysis for Managers Problem value (35 points) You are a Data Miner and you have created a few models addressing marketing
Subject: Data Mining and Analysis for Managers
Problem value (35 points) You are a Data Miner and you have created a few models addressing marketing effectiveness for your organization. You presented your analysis to individuals in your company, unfortunately no one initially adopted or used your work. After arguing your case to senior management, they decided to use your models. However, six months after implementing the models' recommendations, the results in the marketplace showed that the models projections were "way off".
- List in bullet point format (description of about 2 lines ) the potential reasons why your organization initially didn't listen you (did not incorporate/ignored your data mining work).
- List in bullet point format (description of about 2 lines) the potential reasons why your models were "way off".
textbook: "Big Data, Mining and Analytics: Components of Strategic Decision Making" by S. Kudyba(Taylor Francis, 2014).
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