University of Houston, Victoria STAT QMSC6351 Tq-data-CORRECTED BY EXPERTS

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Tq data Q: which scenario best illustrates the implementation of data governance? A: redesigning existing company products based on feedback data from online customer reviews Q: what is the main di... fference between structured and unstructured data? A: structured data is easier to search and analyze, while unstructured data requires more effort process. Q: what role does the data, information, knowledge, wisdom (dikw) pyramid play in managing a datadriven project? A: it serves as a framework to guide technical teams on which methods to use to extract value from data. Q: what differentiates data from information? A: information and data are both generic Q: how does a fully integrated data and analytics platform enable organizations to convert data into consumable information and insight? A: by leveraging historical data and focusing on known insights to establish a business context Q: accenture is involved in the transformation of an organization into a data-driven and intelligent enterprise. Which ability does accenture need to ensure the organization has to become a successful business? A: to gather, re-organize, and store different categories of all raw data for easy faster retrieval Q: a health care provider approaches accenture to help them increase their efficiency through an advanced data science platform. What is the first step accenture could take? A: formulate an enterprise analytics strategy assessment Q: which technologies combine to make data a critical organizational asset? A: machine learning and artificial intelligence (ai) q: how does accenture help companies harness the power of data to achieve optimal business outcomes? A: they develop data goverance frameworks that go on to form the basis of the company’s data analytics strategy Q: how do machine learning and artificial intelligence (ai) technologies help businesses use their enterprise data effectively?mm A: they capture all the data in real-time or near real-time [Show More]

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