In this highly competitive business environment, businesses are constantly seeking ways to gain traction and understand what is on the minds of current customers and potential customers in order to increase business efficiency. Many companies have turned to business intelligence (BI) and data analytics.

Use the Internet or Strayer Library to research articles on data analytics. Select one (1) industry or one (1) company that is currently using data analytics. Use the industry / company you have selected as the basis for your written paper.

Write a four to six (4-6) page paper in which you:

Define data analytics in general and provide a brief overview of the evolution of utilizing data analytics in business. Analyze the main advantages and disadvantages of using data analytics within the industry or company that you have chosen. Determine the fundamental obstacles or challenges that business management in general must overcome in order to implement data analytics. Next, suggest a strategy that business management could use to overcome the obstacles or challenges in question. Provide a rationale for your response. Analyze the overall manner in which data analytics transformed the industry or company you selected with regard to customer responsiveness and satisfaction. Speculate on the trend of using data analytics for the chosen industry or company in the next ten (10) years. Next, determine at least one (1) additional type of data that one could collect by using data analytics. Provide a rationale for your response. Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources. Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:

Explain how the components of an information technology system interrelate in an organizational context. Use technology and information resources to research issues in information systems and technology. Write clearly and concisely about topics related to information systems for decision making using proper writing mechanics and technical style conventions. Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills. Click here to access the rubric for this assignment.

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You now know that validity helps tell you if an experiment measures what you think it measures. This Application Assignment will challenge you on external threats to validity. Generalization is the underlying issue in external validity. If a research study is only valid for the sample used in the study, it is not very helpful to the study of psychology.
Suppose you were struggling with a concept in a training class at work and wanted to try a study strategy. Imagine that the Instructor in the Discussion solved the internal validity problem and found that study Strategy 1 worked better than study Strategy 2. Remember that your Instructor’s study included a population of online students. You assume that the results of this study will generalize to your training class at work. However, a replication of this study found that study Strategy 1 only works well for online students in an undergraduate program. It cannot be generalized to your in-class training course at work. Therefore, it does not generalize across settings.
The assignment: (1–2 pages)
True statement: It is not possible to know whether a research finding will generalize to all populations of individuals. Explain how behavioral scientists deal with this problem, providing an example to illustrate your explanation.
Briefly explain how the concept of generalization relates to external validity.
Briefly explain the four different types of replications and the purpose of each. Include for each an original example. Then briefly explain how replications relate to external validity.