Lab – Data Analysis and Data Modeling in Visio Overview In this lab‚ we will learn to draw with Microsoft Visio the ERD’s we created in class. Learning Objectives Upon completion of this learning unit you should be able to: ▪ Understand the concept of data modeling ▪ Develop business rules ▪ Develop and apply good data naming conventions ▪ Construct simple data models using Entity Relationship Diagrams (ERDs) ▪ Develop entity relationships and define
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for Multinational Enterprise: A Philosophical Overview Part One: Review Question #1 Multinational Corporations have always been and are currently now under harsh criticism. They are mainly condemned for exploiting resources and workers of third world countries‚ taking jobs away from the US industry‚ and destroying local cultures. Although there are negatives of multinational corporations‚ there are also positives. Business done overseas provides jobs for the people of the host country‚ improving
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Big Data‚ Data Mining and Business Intelligence Techniques 2 What is Data? • Data is information in a form suitable for use with a computer. • There are two types of data ▫ Structured ▫ Unstructured • The total volume of data is growing 59% every year. • The number of files grow at 88% every year. 3 What is Big Data? Exa Analytics on Big Data at Rest Up to 10‚000 Times larger Peta Data Scale Giga Data at Rest Tera Data Scale Mega Traditional Data Warehouse
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Data Anomalies Normalization is the process of splitting relations into well-structured relations that allow users to inset‚ delete‚ and update tuples without introducing database inconsistencies. Without normalization many problems can occur when trying to load an integrated conceptual model into the DBMS. These problems arise from relations that are generated directly from user views are called anomalies. There are three types of anomalies: update‚ deletion and insertion anomalies. An update anomaly
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assumptions are made based on judgment Methodologies This case study analysis is based on secondary data. The data analysis was conducted using following procedure: * Qualitative Analysis Industry analysis is conducted through porter’s five forces model and company analysis through SWOT analysis‚ country risk analysis through ICRG model. * Quantitative analysis The data are analyzed using simple tools like ratio analysis‚ free cash flow to firm
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Data collection is any process of preparing and collecting data‚ for example‚ as part of a process improvement or similar project. The purpose of data collection is to obtain information to keep on record‚ to make decisions about important issues‚ or to pass information on to others. Data are primarily collected to provide information regarding a specific topic. Data collection usually takes place early on in an improvement project‚ and is often formalized through a data collection plan which often
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Big Data which companies are easily able to collect from their businesses‚ customers and employees. It explains the numerous advantages of using the data collected by companies effectively so that it can be used by the company in improving its efficiencies‚ sales‚ faster and quicker turnaround which in turn would lead to increase revenues and finally increased profits (which is what the stakeholders of the company are looking for).It illustrates the prominent fact that companies that are data-driven
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Data Mining: What is Data Mining? Overview Generally‚ data mining (sometimes called data or knowledge discovery) is the process of analyzing data from different perspectives and summarizing it into useful information - information that can be used to increase revenue‚ cuts costs‚ or both. Data mining software is one of a number of analytical tools for analyzing data. It allows users to analyze data from many different dimensions or angles‚ categorize it‚ and summarize the relationships identified
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Data Gathering ➢ used to discover business information details to define the information structure ➢ helps to establish the priorities of the information needs ➢ further leads to opportunities to highlight key issues which may cross functional boundaries or may touch on policies or the organization itself ➢ highlighting systems or enhancements that can quickly satisfy cross-functional information needs ➢ a complicated task especially in a large and complex system ➢ must
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technique used to expedite the investigation of system requirements. ____ 16. A physical model shows what the system is required to do in great detail‚ without committing to any one technology. ____ 17. The modern structured analysis technique uses data flow diagrams (DFDs) and entity-relationship diagrams (ERDs). ____ 18. One of the
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