Numbers and measurements are the language of business. Organizations look at results in many ways: expenses, quality levels, efficiencies, time, costs, etc. What measures does your department keep track of? Are they descriptive or inferential data, and what is the difference between these? (Note: If you do not have a job where measures are available to you, ask someone you know for some examples, or conduct outside research on an interest of yours, or use personal measures.)
View the YouTube video, The Role of Data & Analytics Today, and provide an example or situation of the use of data analytics in a work or personal situation. Discuss how the use of analytics helped resolve the issue.
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