When identifying business problems for data analysis, what is a critical first step?
Setting KPIs aligned with business goals is essential when defining business problems for data analysis. KPIs provide measurable values that demonstrate how effectively the company is achieving key business objectives, and they guide the analysis in a structured way. Clear KPIs ensure that any data insights generated are relevant and actionable, driving business success. Option A is incorrect because data collection should be purpose-driven. Option B is incorrect as dashboards are for monitoring but don’t define problems. Option D is incorrect because building predictive models comes after identifying the problem. Option E is incorrect as random sampling is an analysis method, not a step in defining business objectives.
The _________ property of the element is a whole number.
Which of the following is the most reactive element in the Periodic table?
Which substance is commonly used as a thermometric material in thermometers due to its expansive properties under temperature changes?
What is the primary purpose of using bleaching powder in drinking water?
Litmus paper, used to test pH levels, is derived from which organism?
What is the primary use of calcium carbonate in antacid tablets?
Formula of ‘Quick Lime’ is __________
What are antibiotics?
What term describes the enthalpy change when a substance transitions from solid to liquid at its melting point?
Which gas is most abundant in the Earth's atmosphere.