BIAM 300 Week 4 Homework Assignment
Question 2: Determine whether hypothesis-driven analytics or datadriven analytics can be expected to render the best decision support.
Question 3: Determine whether the data-driven method has the objective of examining the correlation between one given dependent variable and a large number of other variables or whether the objective is to identify different kinds of structures in data.
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BIAM 300 Week 4 Homework Assignment
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Which of the above questions and answers are lead information and which are lag information?
Which of the above questions and answers belong to the information domain and which belong to the knowledge domain?
What are the pros and cons of using these different methods? ===================================================