Discuss how you might use business analytics in your personal life, such as managing your grocery purchasing, automobile maintenance, budgeting, sports, and so on. Be creative in identifying opportunities!
A supermarket has been experiencing long lines during peak periods of the day. The problem is noticeably worse on certain days of the week, and the peak periods sometimes differ according to the day of the week. There are usually enough workers on the job to open all cash registers. The problem the supermarket faces is knowing when to call some of the workers who are stocking shelves up to the front to work the checkout counters. How might business analytics help the supermarket? What data would he needed to facilitate good decisions?
Suggest some metrics that a hotel might want to collect about their guests. 1-low might these metrics he used with business analytics to support decisions at the hotel'?
Suggest some metrics that a manager of a fast-food restaurant, such as McDonald's or Chipotle, might want to collect. Describe how the manager might use the data to facilitate better decisions.
A survey handed out to individuals at a major shopping mall in a small Florida city in July asked the gender, age, ethnicity, length of residency,
overall satisfaction with city services (using a scale of 1-5, going from poor to excellent)
quality of schools (using a scale of 1-5, going from poor to excellent) ]
What types of data (categorical, ordinal, interval, or ratio) would each of the survey items represent and why?
