Question: When undertaking analytics, why is it important to sometimes fail? Select one: analytics outcomes can be fuzzy, so without failure how would you know when

When undertaking analytics, why is it important to sometimes fail? Select one: analytics outcomes can be fuzzy, so without failure how would you know when you are successful failure informs the approach being used by determing why something happened Failure allows for comparison of outcomes all of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

When undertaking analytics, why is it important to sometimes fail? Select one: Analytics outcomes can be fuzzy, so without failure how would you know when you are successful Failure informs the...

When undertaking analytics, why is it important to sometimes fail? Select one: a. analytic outcomes can be fuzzy, so without failure how would you know when you are successful b. failure informs the...

when undertaking analytics why is it important to sometimes fail analytics outcome can be fuzzy so without failure how would you know whefailure informs the approach being used by determining why...

5.4 General Methodology-Related Considerations 5.4.1 Planning an Analytics Project A critical success factor in technical projects, particularly where there is any element of exploration and...

MNG3702/101/3/2016 Tutorial Letter 101/3/2016 Strategy Implementation and Control MNG3702 Semesters 1 and 2 Department of Business Management PLEASE NOTE: This tutorial letter contains important...

1. Evaluate the often tried approach of adopting past solutions to similar problems encountered today? Is this a form of linear thinking or not? 2. Why is linear thinking dangerous? 3. Whether the...

Your end-of-semester assignment is as follows: (a) (i) read the two Economist articles entitled ?Debt is Good for You? (dated 01/25/2001) and ?Debtors? Prison? (dated 02/09/2009), which discuss the...

Chapter 5 Summary: A. Identify and discuss five or six standards that could be established; include how variance from such standards could be measured. C. From the perspective of a hotel's general...

Reconsider Prob. 8-18. Using EES (or other) software, study the effect of reducing the temperature at which the waste heat is rejected on the reversible power, the rate of irreversibility, and the...

Answer the following questions using the data from Problem 14.50: a. Calculate the coefficient of determination. b. Using = 0.05, test the significance of the population coefficient of...

Companies often issue convertible debt or debt with attached warrants. a . What is convertible debt?

The 5Ss of Internet Marketing include giving customers extra benefits or advantages online as added value.This describes the e-marketing benefit of: Speak Sizzle Sell Serve A site that is a personal...

=+5 percent of capital depreciates each year. Assume further that country A saves 10 percent of output each year and country B saves 20 percent of output each year. Using your answer from part

=+1. Country A and country B both have the production function Y = F(K, L) = K1/2L1/2.

=+ 4. In the Solow model, how does the rate of population growth affect the steady-state level of income?