Identify and discuss the advantages and disadvantages of using existing data for secondary data analysis. Provide at least one example for each. In your opinion, do you think the advantages outweigh the disadvantages? Why or why not?
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Identify and discuss the advantages and disadvantages of using existing data for secondary data analysis. Provide at least one example for each. In your opinion, do you think the advantages outweigh the disadvantages? Why or why not?
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- What forecasting techniques are used in the management of technology and innovation?For the causal analysis forecasting method, which variables would a business identify as being relevant to their organization’s sales?Is there a difference between forecasting demand and forecasting sales? Can demand be forecast from historical sales data?
- When implementing action research, discuss specific steps that should be taken to ensure the validity and reliability of the data that is being collected. Provide specific examples to illustrate your ideas.What exactly is a qualitative forecasting model, and when should it be used?What are the most typical types of data trends to look for when doing a data analysis? It is necessary to present examples of each group.
- How does business data modelling function, and what is it?Explain what assumptions do qualitative forecasting systems make ?To carry out their analysis, planning, implementation, and control responsibilities, marketing managers need a marketing information system (MIS) to assess information needs, develop the needed information, and distribute it in a timely manner. Assume that you are a Marketing Manager of Foodpanda and your company wants you to deploy an efficient Marketing information system. Explain how marketing intelligence will help Foodpanda in collecting information and forecasting demand?
- What is a qualitative forecasting model, and when should it be used?In the context of data mining, how does exploratory data analysis (EDA) differ from hypothesis testing, and why do analysts use EDA?please answer 2nd question Please compare/contrast two organizations in North America (Canada/USA) based on the following: Evaluation Criteria's: 1. Describe what area(s) of data cabling they focus on and why 2. What areas of the World do they operate in and describe a project they've undertaken or are currently working on