Question

The three key priorities of being data driven include:

a) To know where the data comes from
b) To know what the data means
c) To know the data is right
d) For principals at an organization to sell their data

Answer 1

The three key priorities of being data-driven include knowing the data's origin, its meaning, and ensuring its accuracy, all vital for making informed decisions in any field.

Step-by-step explanation:

The priorities of being data-driven typically entail the following key aspects: a) knowing where the data comes from, to ensure that the source of the data is trustworthy and relevant; b) understanding what the data means, which involves comprehending the context and implications of the data; and c) confirming that the data is correct, to ensure its accuracy and reliability for decision making. The fourth option, for principals at an organization to sell their data, is not commonly considered one of the main priorities of being data driven. Instead, the focus is usually on utilizing data to make informed decisions that can benefit the organization. For instance, farmers today rely on a variety of data sources to determine optimal planting and harvesting times, which can vastly improve efficiency and profitability. Similarly, in business environments, data can be used to understand consumer preferences, streamline operations, and drive strategic initiatives.