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Why Data Driven Decision can Sometimes be Askew

Does your analysis show more revenue than what is actually being generated? Or you are getting results that are too skewed to make actual sense? Make sure you follow these 3 ways to avoid making data driven mistakes

1) Get right data: make use of latest data and look for duplicate, missing values and outliers. It is also imperative that you have enough data while drawing an analysis.

2) Ask questions: Sometimes analysts apply techniques they haven’t really examined. Asking questions makes you better understand the problem at hand

3) Make productive use of spread sheets: if while looking at data, you are looking at spreadsheet, remember to keep data and formulae separated.

Read more at: http://www.forbes.com/sites/teradata/2015/07/08/how-to-make-a-bad-data-driven-decision-in-three-easy-steps/

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