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Describe the difference between lead and lag information and when each should be used. Describe the difference in approach of monitoring a new business process versus an existing one. =================================================== BIAM 300 Week 4 Activity FOR MORE CLASSES VISIT www.biam300rank.com BIAM 300 Week 4 Activity Question 1: Determine with the process owner whether the quantitative analytical competencies or the data manager and report developer competencies are required. “Is there is a correlation between how much of a raise we give our employees and the risk of employees leaving the company within one year?” Question 2: Determine whether hypothesis-driven analytics or data- driven analytics can be expected to render the best decision support.