Data analysis is about using information and knowledge to make decisions. Althou

Question

Data analysis is about using information and knowledge to make decisions. Although it can be presumed that the data is objective, it is possible to skew results due to heuristic errors and biases.

Identify three biases that can influence the outcome of an analysis.

Explain what they are and how they arise.

Provide suggestions on how each bias can be minimized or overcome.

Write a 1,050- to 1,400-word paper, using a minimum of two peer reviewed sources.

Click the Assignment Files tab to submit your assignment.

Explanation / Answer

Data analysis is the process of analyzing the data sets available in the organization to draw logical inferences regarding the processes involved. Big Data and Data analysis are changing the way of doing business of many organizations. The companies are involving the usage of data analytics in each and every domain or department.

There are primary 3 types of biases, which may get developed in a data analysis approach:

Confirmation Bias

Interpretation Bias

Information Bias

https://www.allerin.com/blog/avoiding-bias-in-data-analytics

https://www.informationweek.com/big-data/big-data-analytics/7-common-biases-that-skew-big-data-results/d/d-id/1321211

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