I want to learn how to solve the following questions: Questions: Q1. For each of the below
Question:
I want to learn how to solve the following questions:
Questions:
Q1. For each of the below situations identify the internal and external sources of data that you would use to improve the given KPIs. Also explain what kind of information you will get from each of the data source.
Q2. Specify how would you get that data - From the company database, internet, survey, app etc. Q3. Make a table including data source, data generated and usage, and operationalization of data.
IMDB example
SCENARIOS 1. Location based parking app KPI - 1) Improve occupancy Rate 2) Decrease Waiting time for cars 2. Dating app KPI - 1) Improve Match probablity between couples 3. Dynamic ticket pricing system for a football stadium KPI - 1) Improve occupancy rate 2) Increase revenue per match 4. Dynamic monthly premium for a health insurance company KPI - 1) Predict the most optimum monthly premium for customers 5. Webshop that sells Boxing Gear & Training accessories Business Intelligence Class Exercise 1 - Data Discovery: Combining different sources of Data (5%) By Dr. Abhishek Nayak KPI - 1) Predict customers with highest revenue 6. Shopping Mall specializing in selling furniture KPI - 1) Predict the average no. of visitors per day 7. A micro-finance provider wants to take lending decisions KPI - 1) Predict whether you should give a loan to a customer or not 2) Predict the interest rate 8. Bank who wants to predict customer lifetime value KPI - 1) Make a segmentation scheme for customers