What do you think data and analytics would change business in the next 5 years?
Data and analytics help provide a better estimates of the future expected cash flows and profits of the business at large. With the use of advance regression on excel and with analytical tools like SAS, R, etc it is easier to predict the future expected economic scenario and evaluate how the business will perform in the future. Through this analysis, investors can get a better idea of the current stock price and can make an informed decision as to whether to buy or sell a stock. In this manner, I would envisage the use of data and analytics tool in the next five years.
What do you think data and analytics would change business in the next 5 years?
To what extent do you think that predictive analytics and big data are the future of strategic analysis? Justify your answer.
Reading: Why Data Analytics Now? In this reading, the authors identify some of the reasons why data analytics has become so important for organizations. Think about your organization/industry. Do you think there is hype in your organization/industry around the importance of data analytics OR do you think it is not giving enough importance to it? If you were in charge of the data science function what would be your advice to Senior Management? Explain. If you are not working for...
Do you think that analytics and stats report could help a blogger distinguish thorough reader from skimmers?
Marketing analytics is the fastest growing area of marketing research. How do you think marketing analytic firms help organizations? Explain
What specific types of data or functions do you think would draw people who are not current PHR users to adopt and use the PHR? How do you think this might vary by user attributes (e.g., age, disease status, health literacy)?
Think of someone you know who is over 65 years old. DO NOT REVEAL THEIR NAME OR RELATIONSHIP TO YOU. 1) Are they socially active or keep to themselves? 2) Do you know if anyone visits them regularly? the itatme21n ofod do they seen to be in most of 4) What kinds of stress triggers do you have? 5) How can you reduce stress for yourself before final exams? 6) How did you find Exam #2? 7) Should the next...
Discuss what is business intelligence, automation, and data analytics? What are some ways auditors can use these to help in an audit?
How do you think a business would do if they had poor AR accounts? I used my husband's former employer as an example, where they let customers come in and buy now but pay later, do you think that is a bad move on the company?
How would you do a one page business memo using these questions? No one disagrees that change will increase in the future. The challenge is to prepare for a world that cannot be predicted by the experiences of the past. Your assignment is to write a business memo to your boss addressing the following Identify a significant change taking place in your organization and detail the change process that is taking or has taken place. Detail how you would have...
Briefly describe what is entailed in each of the data analytics process steps: Business understanding Data understanding Data preparation Modeling Evaluation Deployment Use complete sentences and your own words. One or two sentences is enough for most steps but feel free to elaborate further where necessary.