Big Data

Chapter 4 Advanced Analytics Theory and Methods: Clustering

locate and review an article relevant to the topic of the class. Post your review of the article in this forum.

Article forum rules:

• Your review must be substantive, which usually requires 300 words
• Your review must be well written and well organized
• Include the properly formatted APA reference to your article at the end of your review with a link if one is available.

Textbook(s) Required: EMC Education Service (Eds). (2015) Data Science and Big Data Analytics: Discovering, Analyzing, Visualizing, and Presenting Data, Indianapolis, IN: John Wiley & Sons, Inc. ISBN: 9781118876138

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Read the following Chapters

• Chapter 22 JAA Inc.—A Case Study in Creating Value from Uncertainty: Best Practices in Managing Risk
• Chapter 25 Uses of Efficient Frontier Analysis in Strategic Risk Management: A Technical Examination 

Chapter 22 presented a case study in creating value from uncertainty, and chapter 25 presented the use of efficient frontier analysis in SRM. 

Discuss how frontier analysis can be implemented effectively in risk management. Discuss pros and cons of frontier analysis in risk management.  Ensure to link your discussion to the case study in chapter 22 to identify factors that contribute to successful ERM implementation.  

Textbook(s) Required:

Fraser, J., Simkins, B., & Narvaez, K. (2014). Implementing enterprise risk management: Case studies and best practices. John Wiley & Sons.