You're analyzing market trends with conflicting data sources. How do you navigate this challenge effectively?
To effectively handle conflicting data sources, consider these steps:
How do you tackle conflicting data when analyzing market trends?
You're analyzing market trends with conflicting data sources. How do you navigate this challenge effectively?
To effectively handle conflicting data sources, consider these steps:
How do you tackle conflicting data when analyzing market trends?
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Sometimes we don't get the most relevant data for our assessment needs - and even when we do, it may not be in a format / style that makes it readily usable by us. That being the situation, we need to make the best of what we get. One way to do it is to examine the quality of data from the perspective of relevance, or parameters. For instance, if you're looking to sell smartphones to citizens over 60 years of age, from the multiple datasets that you get/have you'd need to give more weightage to data that comes closest to your scenario and disregard others. In this case, see how they buy/use technology products, or what they do for entertainment, news, or sports. Pick the data that is the closest match to your product/audience/usage.
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