Question

In a business environment, where is data usually collected and what problem arises from this for business analysts?

Answer 1

There are various problems that can arise with data collection in a business environment for business analysts:

1. Sampling errors- There can be errors in the way the data has been collected including a non Random sampling method leading to bias in the results of the analysts.

2. Response error- There can also be bias in the response such that voluntary responses are considered which can skew the results of the test.

3. Interviewer error- There can be scientific misconduct or error in the reporting of the responses by the interviewer which can affect the results and then lead to wrong analysis.

4. There can also be a problem of hypothesis error of misleading recommendations and findings based on the data by the business analysts which can be harmful for the business.