Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Why is it essential to collect data on a consistent basis?
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- Is a knowledge of statistics required to use business intelligence (BI) tools? In what way would this be useful?arrow_forwardWhat are the advantages and disadvantages of using non-survey methods to collect data?arrow_forwardIn terms of the success of data warehousing, how crucial do you believe it is that the data be of high quality? What are the advantages and telltale indicators of having access to high-quality data, and how do you get it?arrow_forward
- Why is it important to match the form of the data that is entered to statistical technique used for analysis?arrow_forwardWhat are the primary challenges organizations face when trying to extract insights from large-scale unstructured data, and how can they address these challenges?arrow_forwardWhy are phone calls a more effective technique of data collection when compared to other approaches?arrow_forward
- What data visualization technique would you use to categorize its customers?arrow_forwardconsider the impact of data ownership and organizational politics on the overall quality of an organization's data collection.arrow_forwardHow does data modeling support the development of effective Business Intelligence (BI) systems?arrow_forward
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