What is the beer and diaper parable

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Question - The Beer and Diapers Parable Discussion

The "Beer & Diapers" Parable has been tossed around in BI discussion circles for a long time and encapsulates many interesting concepts related to the technical & practical application of business intelligence in business operations.  do a little research on that story and answer the following questions in the form of a short document.

What is the "Beer and Diaper" parable? What is it's likely origin? In your posting, note any controversial aspects to the parable. 

Finally, in your own words, explain its significance relative to Data Mining and Business Intelligence.

Reference no: EM133286915

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