The concept of Key Performance Indicators (KPI)

 Discuss and explain the concept of Key Performance Indicators (KPI) in the    context of performance management.

● Explain the main data mining methods. What are the fundamental differences among them? (APA Format)

Paper:

Using your textbook, LIRN, other researchable databases, and the Internet, develop an APA formatted paper. Your paper must include in-text citations, references, critical thinking, creativity and innovation, and written from the perspective of a researcher. Your analysis should take on a 3-paragraph format; Define, explain in detail, then present an actual example via research. Your paper must provide in-depth analysis of all the topics presented:

● Understand the nature of data as it relates to business intelligence (BI) and analytics

● Learn the methods used to make real-world data analytics ready

● Describe statistical modeling and its relationship to business analytics

● Learn about descriptive and inferential statistics

● Define business reporting, and understand its historical evolution

● Understand the importance of data/information visualization

● Learn different types of visualization techniques

● Appreciate the value that visual analytics brings to business analytics

● Know the capabilities and limitations of dashboards

● Understand the basic definitions and concepts of data warehousing

● Understand data warehousing architectures

● Describe the processes used in developing and managing data warehouses

● Explain data warehousing operations

● Explain the role of data warehouses in decision support

● Explain data integration and the extraction, transformation, and load (ETL) processes

● Understand the essence of business performance management (BPM.)

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