UpStudy Free Solution:
The following activities are elements of data-driven decision-making:
- Find relevant data
- Request observations from subject-matter experts
- Define the business need
Excluding information that is based on human intuition is not necessarily an element of data-driven decision-making, as intuition and expert judgment can still play a role in interpreting data and making decisions.
Supplemental Knowledge:
Data-driven decision-making involves making decisions based on data analysis and interpretation rather than intuition or personal experience. Key activities in data-driven decision-making include:
1. Find Relevant Data: Identifying and gathering the data that is pertinent to the decision at hand.
2. Request Observations from Subject-Matter Experts: Consulting experts to gain insights and validate the data.
3. Exclude Information Based on Human Intuition: Prioritizing empirical data over subjective judgments.
4. Define the Business Need: Clearly articulating the problem or opportunity that requires a decision.
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