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 ? ===================================================