What is Data Analytics? What are the two approaches to decision making in Data Analytics? Analyzing Real-life Example of Perception in Decision Making To better understand perception's role in decision-making, let's explore a real-world example. Consider a corporation deciding between investing in a new technology or continuing with their existing system. Two key decision-makers, the CEO and the Chief Technology Officer (CTO), have different perceptions about the situation. The CEO, with an expe
What is Data Analytics? What are the two approaches to decision m…
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