08. Ineffective Problem Statement

10 Ineffective Problem Statements

Identify which of these are examples of poor problem statements.
SOLUTION:
  • What industries are growing the fastest year over year?
  • What are the top shows on network television?
  • What are the demographic differences between San Francisco and Los Angeles residents?

The quiz above mentioned Lifetime Value. Here is a quick primer for what is meant by Lifetime Value.

Lifetime Value is a business metric used to calculate the value a customer will bring to the business over the course of their relationship with the business.

Here is a video describing it in our Business Analysis Nanodegree program.

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