DATA: Decision Making with Data Science

Because high-performing enterprises employ purpose-based data sourcing to effectively address well-framed business opportunities, this part of the journey will prepare you to become a hero for your team by maximizing your impact and meaningful contribution to your team’s success. This will give you crucial clues to successfully identify, scope, and validate data for effective decision making. Distinguish between common data categoriesRecognize best practices for identifying key data needsRecognize data sets that may be obtained from each data locationDistinguish between scoping and validating data evaluation criteriaRecognize the key data standards considerations you should make You will be ready to put your newly acquired knowledge into practice in real-life situations by ‘framing’ opportunities for effective data-driven decision making with easy steps: Document a specific opportunity and desired business outcome.Focus resources on the right analysis, at the right time, and with the right approach.Frame a problem by asking the right questions.Identify and test assumptions.Create an effective problem statement. This course was developed with subject matter provided by the International Institute for Analytics.  (www.iianalytics.com)