Explain what analytics

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1. Explain what analytics are? What are business analytics? Do they differ from other analytics and how? Explain why or why you cannot do analytics without data? Explain why or why you cannot do analytics without big data?

2. Where do you get the data for analytics? Is all of it internal to the company? Identify at least 5 sources of external data and explain when you might be able to use them.

1. What is data mining? Why is data mining so popular?

2. What are the privacy issues associated with data mining? Do you think they are substantiated? Why or why not? -- ignore this question -- already responded to in the discussion.

3. Distinguish data mining from other analytical tools and techniques.

4. Discuss at least 3 data mining methods. What are the fundamental differences among them.

Reference no: EM132773717

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