Question
Your organization is facing a problem. Your manager has decided that the problem can be solved by analyzing a data set. You have been asked
Your organization is facing a problem. Your manager has decided that the problem can be solved by analyzing a data set. You have been asked to do the data analysis and report your findings and recommendations. An "organization you are involved with" could be your employer but does not have to be. You may NOT use a published data set, e.g. that you found by web search unless instructed to do so by your lecturer. This is to reduce the risk of unfair practice. You MUST use data that already exists. You MUST NOT create new data, because you don't have ethical approval to collect new primary data.
Part 1
Summarise and characterize the problem that needs a solution through data analysis. Formulate a question that will be answered through analysis of the data set.
Part 2
Critically analyse the methods that appear to have been used to gather the data. You may make assumptions. For example, you could assume that the data set was created from a survey of customers, so you could critically analyse the survey design, execution, and sampling.
Part 3
Execute appropriate data analytics activities to answer the question you created in Part 1, and present your findings and recommendations based on your analysis
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
Part 1 Problem Summary and Question Formulation Problem Summary The organization I am involved with is a retail chain with multiple stores across different regions The problem we are facing is a decli...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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