Hold a classroom discussion (or debate) arguing the following two viewpoints, A: Sound data analytics is the
Question:
Hold a classroom discussion (or debate) arguing the following two viewpoints,
A: Sound data analytics is the key to using data for decision making. This is where the story embedded in the data is unlocked. Data visualization is all fluff—just a bunch of pretty pictures.
B: Data visualization methodology is the key to communicating the story in the data to the people who will make the decisions. It makes the data come alive. Try presenting a power point show to managers focusing on regression equation statistics such as intercepts and slopes. They will quickly develop a case of MEGO (“My eyes glaze over!”)
Required:
Write a brief report summarizing the discussion. Which viewpoint makes the most sense?
Step by Step Answer:
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-1260417043
12th edition
Authors: Ronald Hilton, David Platt