Question: 3. (LO 1.5) For each business analytics task, identify the correct step in the SOAR analytics model. Business Analytics Task SOAR Analytics Model Component (Specify

3. (LO 1.5) For each business analytics task, identify the correct step in the SOAR analytics model.

Business Analytics Task SOAR Analytics Model Component

(Specify the question, Obtain the data, Analyze the data, or Report the results)

Deciding which data to use in the analysis Running a statistical analysis to evaluate the impact of advertising on sales of targeted products Extracting data from blogs to analyze consumer sentiment regarding Verizon wireless service Communicating current customers’ key characteristics to management Analyzing how profits will change if taxes on Chinese-sourced products increase in the coming year Asking which vendor is most reliable based on past performance

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