Read Chapter 2 – Data Analytics Lifecycle and answer the following questions.

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 method- ology? 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

Requirements:

– Typed in a word document.
– Each question should be answered in not less than 150 – 200 words.
– Follow APA format.
– Please include at least three (3) reputable sources.

Am attaching chapter 2 for your reference

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