People live in a data-driven world. In personal lives, people are surrounded by websites offering weather or airfare predictions, and in professional lives, people deal with revenue projections and metrics analysis. Data analysis is mostly driven by the desire to solve a problem or problems.

 Share a real-life problem when you have applied (or would like to apply) the Seven-Step Modeling Process Download Seven-Step Modeling Process.

• • Is this problem structured, semi-structured, or unstructured?
• Explain your decision-making process.

Answer rating: 100% (QA)

One reallife problem where I have applied the SevenStep Modeling Process is in optimizing the marketing budget allocation for a product launch campaig... View the full answer