Answer the following questions, using as much space as you need. 1. Describe th

by | Jan 14, 2022 | Accounting | 0 comments

Answer the following questions, using as much space as you need.
1. Describe the key business need you have for analyzing data or the problem you wish to solve. For example, do you hope to more effectively work with your inventory records, customer or guest records, sales data, purchase orders?
2. What is it that you need to do, better or for the first time? Describe your goal(s) for analyzing data. 3. As you reflect on your business need for performing data analytics, consider how you will gather your data. Will you be collecting it yourself, such as via a new customer survey? Will someone else in your organization, such as the customer service or HR department, collect the data and deliver it to you?
4. Now that you have identified your business need for analyzing your data, identify the main categories of data you expect to gather. For example, in terms of customer data, this might be: first and last name, street address, city, state/province, mailing code, email, phone, purchase history.
5. Describe your plans for making sure that the data you’re working with is accurate and up-to-date. How do you think you can best accomplish this? Which colleagues or departments will you need to collaborate with?
6. Set a timeline for success: What do you plan to do in the next month? In the next three months?
7. What sorts of data and functions do you already use in your day-to-day life that would benefit from automatic calculation in an Excel spreadsheet?
Create a post in which you identify one or two ideas. Describe the analytical problem you’re trying to address and how you think Excel would help you do so better.
8. Create a post in which you identify one or two specific workplace problems that you will be able to address better through using analytical tools more effectively. Which of the functions discussed here will be most valuable to


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