Assignment: Data Analytics Lifecycle
Read Chapter 2 - Data Analytics Lifecycle and answer the following questions.
1. In which phase would the team expect to invest most of the project time? Why? Where would the team expect to spend the least time?
2. What are the benefits of doing a pilot program before a full-scale rollout of a new analytical method- ology? Discuss this in the context of the mini case study.
3. What kinds of tools would be used in the following phases, and for which kinds of use scenarios?
a. Phase 2: Data preparation.
b. Phase 4: Model building.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.