2. James Reid is a professional data analyst working as one of the key knowledge workers...

2. James Reid is a professional data analyst working as one of the key knowledge workers in 3M Company in the United States. Describe his job and the data that he will be dealing with during this period of Corona Virus pandemic. What do you think will be his possible contribution to the company’s Business Intelligence?

Expert Solution

Solution:

The job of any data scientist is along the lines of similar guidelines. Most of the data scientists work on similar statistical problems that they solve using the business data. Even though the statistical models are the same the objective and business insights needed from that data may vary to a greater extent because there can numerous insights one can draw from the same statistical models which are feed with business data.

In this outbreak of COVID-19, the amount of data generated is immense. This data is pertaining to various parameters such as the business world data depicting the downturn of economies around the world, there is also data about the cases of COVID-19 and regions wise outbreak of the virus. Hence, the amount of data generated will be an unprecedented rate and thus it becomes important for businesses to understand this data and analyzes it to find out if they can draw some business insights from these data to make effective business decisions during this pandemic of COVID-19. Hence, this is where the role of data scientist comes in.

The data scientist will collect the data to analyze it. Generally, the data is first preprocessed by data analysts before they pass on the data to data scientists for further analysis. The data scientist will apply her business acumen and statistical knowledge to analyze the data and draw possible insights that will help the company, in this case 3M in post-COVID-19 recovery of business markets. Hence, with the help of data scientist the company will be able to determine the demand and supply gaps in the market and make necessary strategies and plans to minimize this gap and make business out of this opportunity.

HEnce, the role of data scientist is jyst like any other researcher who intends to find out new things beneficial for their objective or company.

keosha answered 2 months ago

James Reid is a professional data analyst working as one of the key knowledge workers in...

James Reid is a professional data analyst working as one of the key knowledge workers in 3M Company in the United States. Describe his job and the data that he will be dealing with during this period of Corona Virus pandemic. What do you think will be his possible contribution to the company’s Business Intelligence?

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