What are the risks associated with data analytics?
There are several risks, including data privacy issues, data quality concerns, and potential biases in analysis.
Can you explain how data privacy issues arise?
Data privacy issues can arise when personal data is collected without consent or when it's not properly secured.
What about biases in data analysis?
Biases can occur if the data used is not representative or if the algorithms used have inherent biases.
How can organizations mitigate these risks?
Organizations can implement strict data governance policies, conduct regular audits, and ensure diverse data sets.
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