You are kindly requested to solve the Exercises found at the end of Chapter2 of the textbook-page 61.
1-In which phase would the team expect to invest most of the project time? Why? Where would the
team expect to spend the least time?
2. What are the benefits of doing a pilot program before a full-scale rollout of a new analytical methodology?
Discuss this in the context of the mini case study.
3. What kinds of tools would be used in the following phases, and for which kinds of use scenarios?
a. Phase 2: Data preparation
b. Phase 4: Model building