The Modeling Process
We live in the data-driven world.
In our personal lives, we are surrounded by websites offering weather or airfare predictions, and in our professional lives we deal with revenue projections and metrics analysis.
Data analysis in the real world is mostly driven by the desire to solve problem(s).
In your initial post, share a real-life problem where you have applied (or would like to apply) the seven-step modeling process. Is this problem structured, semi-structured, or unstructured? Explain your decision-making process.