Data to Make Decisions

Data to Make Decisions

For your written assignment, please answer the following questions:
1.As a manager, how would you use data and analytics to make better decisions in order to be more effective and/or efficient?
2.Describe a problem or situation you could address using data.
3.What data would you collect?
4.How would collecting that data help you make a better decision?
5.How would you validate the use of that data (that is, how would you prove or demonstrate that using that data resulted in more effectiveness and/or efficiency)?

 

 

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