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October 8, 2022

Locate an example of Business Analytics use at an organization.

Managerial Applications of Business Analytics

Scenario:

Your task is to put together a portfolio of what you are learning this session. This will be completed in three steps that will take place in Weeks 3, 5, and 7. Each completed Course Project portion will be worth 50 points. Topics will include:

Intro to BAData and how it is usedManagement/VisualizationProbabilityRegression AnalysisData MiningDecision TreesTime Series

Let’s get started!

Milestone 1: Due in Week 3 (50 Points)

The topics for Milestone 1 will be: Business Analytics, Data and how it is managed, Visualization, and Probability.

Step 1:

Using MS Word:

Locate an example of Business Analytics use at an organization.

Explain the benefits of Business Analytics at that organization

Would you recommend using Business Analytics? Explain why or why not.

Step 2:

Using MS Word:

Data visualization is important. Identify several examples of data visualization (Charts in MS Excel and RStudio).

Discuss what the charts mean and why they are important to a manager.

Step 3:

Using MS Word:

Identify two chart examples (Charts) from Week 3’s work with Probability.

Discuss what the charts mean and why they are important to a manager.

Step 4:

Complete the MS Word document and submit it to Canvas.

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