Week 4 Reflective Journal

[WLO: 1] [CLOs: 1, 3, 4]

Prior to beginning work on this assignment, read Chapters 7 and 8 in Superforecasting.

The intent of the journal is to apply what you have learned to how data analytics is applied in industry. After reading the assigned chapters of Superforecasting this week, write a reflective journal of the three most important take-aways contained in the chapters. Your journal should be between two to three pages excluding cover and reference page.

Assignment

Data Mining Best Practices

[WLO: 1] [CLO: 4]

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Prior to beginning work on this assignment, review Chapter 21 of your textbook.

In this assignment, you will analyze current data mining practices and evaluate the pros and cons of data mining. Provide one example of a company that has successfully practiced data mining and discuss why they were successful. Then, research a company that experienced a failed data mining practice. What data mining best practices could they have implemented to avoid this failure?

In your paper,

  • Discuss the industry standards for data mining best practices.
  • Identify pitfalls in data mining, including practices that should be avoided.
  • Provide an example of company that has successfully practiced data mining. What steps and precautions did they take to ensure the success of their data mining endeavor? How did they keep customer data safe?
  • In a second example, research a company that experienced a failed data mining experience. What pitfalls did the organization fall into? What would you have done differently?

The Data Mining Best Practices paper

  • Must be four to five double-spaced pages in length (not including title and references pages) and formatted according to APA Style (Links to an external site.) as outlined in the Writing Center’s APA Formatting for Microsoft Word (Links to an external site.) resource.
  • Must include a separate title page with the following:
    • Title of paper in bold font
      • Space should appear between the title and the rest of the information on the title page.
    • Student’s name
    • Name of institution (University of Arizona Global Campus)
    • Course name and number
    • Instructor’s name
    • Due date

Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.

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