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Why is it important for data analysts to understand the value-chain (process) associated with information and the analytical process?

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Here is the answer of the question:

Why is it important for data analysts to understand the value-chain (process) associated with information and the analytical process?

Refer to the following videos for a refresher: videos 3 and 4

What do you think?

Ans: The more you understand about the way the business works and how information flows through business systems, the better prepared you
will be to both execute and interpret your analysis .Also, the more skill you have in finding and accessing data, the more productive and
valuable you will be as an analyst!

 

The above question is related to “ “Introduction to Data Analytics for Business “. If you find the update in question or answers, do comment on this page and let us know. We will update the answers as soon as possible.

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