What are the general steps taken to build an analytics model?

What are the general steps taken to build an analytics model?

DQ1

What are the general steps taken to build an analytics model? Please provide examples.

DQ 2

When building a model, how do you know if it is the correct one? Are you able to trust the model that you built in order to apply the data correctly to solve a company’s problem?

Assignment

You will need to build a model that will solve the problem that you have identified. Use one or more of the following software applications: IBM SPSS Modeler, SPSS Statistics, Excel, Tableau, or R.

Write a 500-750 word paper describing your model. It will include the following:

  1. What models did you build?
  2. Why did you choose this model(s)? Be sure that this model specifically ties back to the business problem you created for the Topic 1 assignment.
  3. What variables did you include or leave out and why?
  4. Provide specific screenshots from the modeling software in your paper.

Provide the raw software files that you used for this assignment (IBM SPSS Modeler, SPSS Statistics, Excel, Tableau, or R). If R was used, provide a *.txt file of all the commands used.

Prepare this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center. An abstract is not required.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.