Business Costs or Risks of Poor Data Quality 1. What are the business costs or risks of poor data quality? Support your discussion with at least 3 references.
2. What is data mining? Support your discussion with at least 3 references.
3. What is text mining? Support your discussion with at least 3 references.
Please use APA throughout. Data are used in almost all the activities of companies and constitute the basis for decisions on operational and strategic levels. Poor quality data can, therefore, have significant negative impacts on the efficiency of an organization, while high-quality data are often crucial to a company’s success (Madnick et al., 2004; Haug et al., 2009; Batini et al., 2009; Even & Shankaranarayanan, 2009).
