What are some case studies on data-driven decision making?
There are several notable case studies, such as Netflix's recommendation system and Target's predictive analytics.
Can you explain how Netflix uses data for recommendations?
Netflix analyzes user viewing habits, ratings, and preferences to suggest content tailored to individual users.
What about Target's predictive analytics?
Target uses data to predict customer buying behavior, allowing them to send personalized promotions and offers.
Are there any challenges with data-driven decisions?
Yes, challenges include data privacy concerns, data quality issues, and the risk of over-reliance on data.
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