Why does telling a story with your data matters

Assignment Help Management Information Sys
Reference no: EM131422225

Why does telling a story with your data matters?

Explain the importance of accurate data in today's business environment.Organizations can do a lot more with their data if they understand it better than they do. While businesses continue to invest dollars in business intelligence (BI) and analytics tools, they aren't necessarily getting the information they need to improve business decision-making.

Data visualizations help by transforming complex information into something easier to understand. However, two people can interpret the same data visualization differently. Notably, data visualizations tend to answer "what" questions, but they don't tend to explain the "why," or provide other contextual information. Data storytelling does exactly that.

"Data storytelling weaves data and visualizations into a narrative tailored to a specific audience in order to convey credibility in the analytical approach, confidence in the results, and a compelling set of insights that is actionable to the audience." said Ryan Fuller, general manager at Microsoft and former CEO and cofounder of enterprise analytics company VoloMetrix, in an interview. "The narrative is the key vehicle to convey insights, and the visualizations are important proof points to back up the narrative."

Attachment:- Data Storytelling.rar

Reference no: EM131422225

Questions Cloud

Differences between gymnosperms and angiosperms : 1. Describe the similarities and differences between gymnosperms and angiosperms. Why are conifers classified as gymnosperms and not angiosperms? 2. In a conifer, where does the union of the egg and sperm occur? How does sperm reach the egg?
Is cytoskeleton involved in vacuole formation : 1) Is cytoskeleton involved in vacuole formation? If so what role does it play and what proteins are involved? 2) What are the advantage of using Tethrahymena as experimental system? What are the normal source of food for Tetrahymena? Explain the ..
Essential alterations for malignant transformation : Describe the essential alterations for malignant transformation? and describe two morphological methods and two biochemical methods for detection of apoptosis in cancer cells treated a chemotherapeutic drug?
Physical and psychological dependence : Drugs can lead to both physical and psychological dependence, although not all drugs lead to both types of dependence. Define these models of dependence and provide examples.
Why does telling a story with your data matters : Why does telling a story with your data matters? Explain the importance of accurate data in today's business environment.
Demonstrate a thorough examination of the topic : Write an essay using the guidelines below. You will need to find at least three (3) outside sources for this essay, but you may need more to demonstrate a thorough examination of the topic.
Design database by developing a fully attributed data model : Design the database by developing a fully attributed data model. The model should show all tables. Each table should have a primary key and may have foreign keys.
What is blackbody : What is blackbody? What is a blackbody spectrum? Why are these concepts useful to planetary scientists
Did the bowl size change the selected portion size : Test an appropriate hypothesis and state your conclusions. For assumptions and conditions that you cannot test, you may assume that they are sufficiently satisfied to proceed.

Reviews

Write a Review

Management Information Sys Questions & Answers

  Information technology and the changing fabric

Illustrations of concepts from organizational structure, organizational power and politics and organizational culture.

  Case study: software-as-a-service goes mainstream

Explain the questions based on case study. case study - salesforce.com: software-as-a-service goes mainstream

  Research proposal on cloud computing

The usage and influence of outsourcing and cloud computing on Management Information Systems is the proposed topic of the research project.

  Host an e-commerce site for a small start-up company

This paper will help develop internet skills in commercial services for hosting an e-commerce site for a small start-up company.

  How are internet technologies affecting the structure

How are Internet technologies affecting the structure and work roles of modern organizations?

  Segregation of duties in the personal computing environment

Why is inadequate segregation of duties a problem in the personal computing environment?

  Social media strategy implementation and evaluation

Social media strategy implementation and evaluation

  Problems in the personal computing environment

What is the basic purpose behind segregation of duties a problem in the personal computing environment?

  Role of it/is in an organisation

Prepare a presentation on Information Systems and Organizational changes

  Perky pies

Information systems to adequately manage supply both up and down stream.

  Mark the equilibrium price and quantity

The demand schedule for computer chips.

  Visit and analyze the company-specific web-site

Visit and analyze the Company-specific web-site with respect to E-Commerce issues

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd