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Looking at the Quality of Data and Information Chapter 6 Pages 132-134 Chapter 6 Pages 143-144 Business decisions are only as good as the. You never want.

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Presentation on theme: "Looking at the Quality of Data and Information Chapter 6 Pages 132-134 Chapter 6 Pages 143-144 Business decisions are only as good as the. You never want."— Presentation transcript:

1 Looking at the Quality of Data and Information Chapter 6 Pages 132-134 Chapter 6 Pages 143-144 Business decisions are only as good as the. You never want to find yourself using technology to help you make.

2 BUSINESS DRIVEN MIS – DETERMINING INFORMATION QUALITY ISSUES Information Revolution - Video http://www.youtube.com/watch? v=-4CV05HyAbM http://www.youtube.com/watch? v=-4CV05HyAbM

3 Common Characteristics of High- Quality Information systems: faster, more effective decisions, smaller inventories, easier to track performance

4 Low-Quality Information Primary Sources of Low-Quality Information 1.C intentionally data to protect privacy. 2.Different entry standards and formats 3.Operators enter abbreviated or erroneous data 4.Third party and external information contains inconsistencies, inaccuracies and errors

5 At least 14 examples of Low-Quality Information Customer ID Customer First Name Customer Last Name AddressCityStateZipPhone 1771LarryShimk143 S.DenverNY178908911 1771CarolineShimk143 N. West St.BuffaloNY14321716-333-4567 1772ShimkCaroline143 N. West St.BuffaloNY14321716-333-4567 1772HeatherSchwiter55 N. W. S. MissLaGrangeGA14321716-333-4567 1772DebbieFernandezS. Main St.DenverCO80252333-8965 1772DebbieFernandezS. Main St.DenverCO80252333-8965 1773Justin 34 Kerry Rd.LittletonCO98987716-67-9087 1774Pam 66 S. CarltonNorth GlenCO98765343-456-6857

6 Potential business effects of using low-quality information 1.Inability to accurately customers. 2.Difficulty valuable customers and/or difficulty strong 3.Inability to identify selling opportunities. 4.Marketing to nonexistent customers. 5.Difficulty tracking revenue. 6.Might order too much inventory from a supplier based on inaccurate orders. 7.Instead of sending an expensive promotional item to your best customers, it High-quality information can the chances of, which can directly impact an organization's bottom line

7 Maintaining Quality Information in a Data Warehouse is extremely important Pulled from many different sources, some of which are external to your organization. Information may be inconsistent or just plain wrong. Information or is a process that weeds out and inconsistent, incomplete or incorrect information. Cleansing uses specialized software tools to and consolidate information in a data warehouse.

8 Accurate vs Complete Information Is it right/correct VS Is it all there/no blanks? Perfect Information?? 100% accurate and complete = –Birthdate 2/31/2014 (complete but not accurate) –Address containing Manhattan, KS, but no zip code (accurate, but not complete) –Some companies are willing to go as low as 20% complete to find BI –Few organizations go below 50% accurate – info is useless if not accurate. –Perfect information vs cost and time –Most organizations determine a percentage high enough such as 85 percent accurate and 65 percent complete


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