Question: Describe specifically how the organization will formulate a business performance plan, as follows:
• Conduct a current situation analysis.
• Determine the planning horizon.
• Conduct an environmental scan.
• Identify critical success factors.
• Identify the type of report you will use and why
• Complete a gap analysis.
• Create a strategic vision.
• Develop a business strategy.
• Identify strategic objectives and goals.
• Determine how Data Mining works
• Implement the data mining process within your organization. Determine why you are using a specific one.
• Build a technique for predictive model
• Determine if you are using the different types of ANN architectures/or not
• Recognize the implementation of the Understand the concept and formulation of the k-nearest neighbor algorithm (kNN) in your business and specify the reason.
• How would use the difference between text analytics, text mining, and data mining