18.3 - Data-Driven Decision-Making Framework
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Practice Questions
Test your understanding with targeted questions
What is the first step in the data-driven decision-making framework?
💡 Hint: Think about what you need to identify before collecting data.
Name one source of data for data collection.
💡 Hint: What widely used systems help companies manage their customer relationships?
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the first step in the data-driven decision-making framework?
💡 Hint: Think about what needs to be established first before moving forward.
True or False: Data preprocessing is optional in the data-driven decision-making framework.
💡 Hint: What happens if data isn't cleaned and prepared properly?
3 more questions available
Challenge Problems
Push your limits with advanced challenges
You’re given a dataset with numerous missing values across different columns. Design a data preprocessing approach that ensures minimal data loss while maximizing useful information retention.
💡 Hint: What are some imputation techniques you’ve already learned?
A company’s sales model is showing a decline in performance after six months of deployment despite previously high accuracy. Develop a plan to investigate this model drift.
💡 Hint: What are common indicators of model performance that you can monitor?
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Reference links
Supplementary resources to enhance your learning experience.
- Understanding Data-Driven Decision Making
- How to Collect Data for Analysis
- An Introduction to Data Preprocessing
- Supervised vs Unsupervised Learning
- Machine Learning Model Evaluation Metrics
- Monitoring Machine Learning Models
- Data Science: Model Deployment
- Building a Data-Driven Culture
- Data-Driven Decision-Making in Business