Design a Solution for a Real-World Problem Using Predictive Analytics
Write a research paper where you identify a practical problem to be solved and you design a study to solve the problem. As part of the assignment, you should address the following:
• Describe the practical problem to be solved
• Explain how you know this is a problem.
• Justify why solving this problem is important (e.g. generates significant ROI, solves a significant customer pain point).
• Specify the required data sources needed to solve the problem and how you would obtain those data sources.
• Explain how you would handle the data and prepare the data for modeling.
• Specify which types of models you would test and why.
• Specify the potential strengths and weaknesses associated with your proposed approach.
• Specify and justify what information you will present from your findings, and how you will communicate that information to your audience (e.g. stakeholders).
References: Include a minimum of 5 scholarly resources.
Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy.
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