THE POWER OF DATA

Activity

Using the attached excel sheet you will begin to categorize and expand the data based on specific criteria noted in the workbook.

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Download: Topic 1 Activity.xlsx

Your assignment comes in two parts. Next session, we will explore this data more deeply.

Part 1: Understand the Data

For each of the data variables, categorize the type of data as numerical continuous, numerical discrete, categorical ordinal, or categorical nominal. For each, consider the precision of the variable. What are the easiest to work with?

Part 2: Expand the Data

Create a new data field called “User Profit” which takes the difference between the “Total Paid” variable and the “Cost to Acquire” variable. Create two additional calculated variables using the current dataset — be creative! What metrics might you care about to help understand the issues at Micro Transactions Inc.?

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Please respond below 2 or 3 sentences of a positive reply to my peers and they are examples for you to see what assignment is: 

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Armando 

https://docs.google.com/spreadsheets/d/1_wNmtb3mLFsFbo4jcEgDjLWKrE4VSo-X/edit?usp=sharing&ouid=113039707314960071016&rtpof=true&sd=true

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Edward 

https://docs.google.com/spreadsheets/d/1e-SugxT_FLrt2oSMLWnctZZQfwotlcib/edit#gid=1935281361

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