KEA is currently in negotiations with renowned chef Jamie Oliver to design, develop, commercialise and roll out
Question:
KEA is currently in negotiations with renowned chef Jamie Oliver to design, develop, commercialise and roll out a range of Jamie Oliver’s licensed bakeware.
This bakeware range will be exclusive to Australian consumers.
(a) Identify two data items that should be collected for this project.
(b) Describe data standards in your own words and justify the importance of applying data standards in the process of transforming raw data to well-formed data for this project.
(c) Jamie Oliver would like to adopt the agile methodology to manage this project. Describe the agile methodology in your own words and explain how he is expected to be involved between different phases. Ensure you accompany each explanation with a relevant example to this project.
(d)Suggest one variable IKEA can predict using a multi-class classification model in preparation for the rollout of the exclusive bakeware range. For your suggested variable, would a linear, logistic or ordinal regression be appropriate?