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Using the DATA Analytics Framework and understanding how this fits into the broader Data Analytics Model is critical for conducting a successful analytics project. The
Using the DATA Analytics Framework and understanding how this fits into the broader Data Analytics Model is critical for conducting a successful analytics project. The purpose of this exercise is to evaluate the Business Flex Budgets exercise using the Data Analytics Model. Read the Business Flex Budgets 'exercise description and review the Chapter DA Exercise workbook before starting this exercise. Place your answers to the following questions in the Chapter ADAS Exercise workbook:
Define each component of the DATA Analytics Framework.
Assess the data design elements of the Chapter DA Exercise workbook. Identify two design traits and explain how these traits align with your assessment of the DATA Analytics Framework.
Based on the description of the exercise and your review of the Chapter DA Exercise workbook, explain how you would conduct at least one data audit. Be specific in describing what Excel features, formulas, or functions you would use.
Based on the description of the exercise and your review of the Chapter DA Exercise workbook, explain how you would add two data internal controls to the workbook. Be specific in describing what Excel features, formulas, or functions you would use.
D The DATA Analytics Framework
Decision: What decisions need to be made?
Acquisition: What data must be acquired?
Time: Over what time period, or how long will data be collected?
Analysis: How should the data be analyzed?
Please help answer everything
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