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The first step in identifying business problems is to engage stakeholders to define objectives. It's critical to understand what the business or the specific stakeholders hope to achieve with the data analysis. Without clear, defined objectives, the analysis might miss the mark or provide insights that are not aligned with the business needs. Engaging stakeholders ensures that the analyst is solving the correct problem, using the right data, and setting up measurable goals that align with organizational priorities. This step is key to focusing the analysis on areas that will add the most value to the business. Option A (Define key performance indicators - KPIs) is important but comes after understanding the objectives. Option B (Identify potential data sources) is a necessary step but follows once the problem and objectives are well defined. Option D (Gather and clean the data) is crucial but should happen after aligning the objectives with the business needs. Option E (Build a predictive model) is a part of the analysis process but comes much later, after the problem and objectives are clearly understood.
Refer to the following letter and symbol series and answer the question given below. Counting is to be done from left to right only.
(Left) UMB...
'AB LX VU' can be a code of which of the following?
Select the option that is related to the third term in the same way as the second term is related to the first term.
Ranthambore : Tiger :: Kaziranga : ?
P is to the north of Q. T is to the east of Q and S is to the east of P. S is to the northeast of T and south-west of R. What is the position of R with ...
What would be the word on the opposite side of 'Eat' if the given sheet is folded to form a cube?
R ead the given question and decide which of the following options is required to answer the question.
Question:
Piyush bou...
Three of the following four word pairs are alike and thus form a group. Select the word pair that does NOT belong to that group.
There is a group of 6 people: A, B, C, D, E and F (not necessarily in the same order). D is taller than A and E. F is taller than B and C. E is taller t...
A series is given with one term wrong. Select that wrong term from the given alternatives.
25, 27, 36, 51, 75, 110
How many simple lines are there in the given image?