3Working with Data
One of the most important, and often time-consuming, steps in the Business Analytics Process is preparing data for modeling. This first involves identifying what data are needed to address the business problem, and then either compiling data from available sources, collecting new data, or both. It may require designing and conducting surveys or experiments to collect the needed information, and generally involves process owners and experts from core parts of the business.
As data are compiled, a variety of graphical and statistical ...