complete the following assignment in one ms word document chapter 3 discussion question 1 4 amp exercise 12 chapter 4 discussion question 1 5 amp exercise 2
When submitting work, be sure to include an APA cover page and include at least two APA formatt
Chapter 3 discussion question 1:
How do you describe the importance of data in analytics ? Can we think of analytics without data ? Explain.
Chapter 3 discussion question 2:
Considering the new and broad definition of business analytics, what are the main inputs and outputs to the analytics continuum ?
Chapter 3 discussion question 3:
Where do the data for business analytics come from ? What are the sources and the nature of those incoming data ?
Chapter 3 discussion question 4:
What are the most common metrics that make for analytics-ready data ?
Chapter 3 exercise 12:
Go to data.gov – a U.S government-sponsored data portal that has a very large number of data sets on a wide variety of topics ranging from healthcare to education, climate to public safety. Pick a topic that you are most passionate about. Go through the topic-specific information and explanation provided on the site. Explore the possibilities of downloading the data, and use your favorite data visualization tool to create your own meaningful information and visualizations.
Chapter 4 discussion question 1:
Define data mining. Why are there many names and definitions for data mining ?
Chapter 4 discussion question 2:
What are the main reasons for the recent popularity of data mining ?
Chapter 4 discussion question 3:
Discuss what an organization should consider before making a decision to purchase data mining software.
Chapter 4 discussion question 4:
Distinguish data mining from other analytical tools and techniques.
Chapter 4 discussion question 5:
Discuss the main data mining methods. What are the fundamental differences among them ?
Chapter 4 exercise 2:
Go to teradatauniversitynetwork.com. Locate Web seminars related to data mining. In particular, locate and watch a seminar given by C. Imhoff and T. Zouqes. Then answer the following questions.
a. What are some of the interesting applications of data mining ?
b. What types of payoffs and costs can organizations expect from data mining initiatives ?
