Data Acquisition and Analytics Development
1. Data Analytics:
Some business analysts and managers spend a majority their time finding solutions to problems. Sometimes, they even jump the gun by solving the problem before they know what the problem is.
a.Albert Einstein said, “if I had an hour to solve a problem I’d spend 55 minutes thinking about the problem and five minutes thinking about solutions”. What potential dangers are the business analysts and managers involved with?
b.Do you agree with the quote from Albert Einstein? Before answering, consider what we learned about data analytics so far. Please discuss how this quote may help you understand how to preform data analytics correctly and avoid some potential dangers or mistakes.