The type and grain of the available data

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Reference no: EM131752903

You should briefly describe an organization with at least two years of historical data, the type and grain of the available data, the important decisions that your organization makes, and how analyzing the historical data might help this organization to make more informed decisions going forward. Give at least one example of a decision that your organization needs to make that might be aided by insights from the historical data. What issues might you encounter that would keep the predictions from being 100% accurate? Be as specific as possible.

For example, suppose you own a flower shop, and you have sales data for the last two years. The grain of this data is daily sales totals by type of arrangement by customer zip code. Other examples of grain might be: by individual customer sales transaction, or monthly sales. How might you use this information to help you make better business decisions over the next 12 months?

Reference no: EM131752903

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