The 10 / 90 Regime

inductive research approach also called a bottom-up approach, the work proceeds on the basis of

Just like in baseball there are large and small businesses. Businesses have to make decisions, decisions that will help the business in the long run. By using analytics business can measure their performance to know where they stand financially and economically. Numbers are very important in a

to apply the theory to real world cases. A solid understanding of principles in finance,

Identify the ways in which the theory can be applied and when it is best to

Model with mathematics- the importance of this principle is to always be able to relate math problems into real world scenarios for example being able to utilize math to remodel a bathroom.

applied when it comes to medical research. The one principle is allowing individuals the right to

The organizational thought process that relates all experiential processes is something Dewey named the "Logical Organization of Subject Matter." The second principle, interaction, denotes the concept that what was learned may possibly need revisions, adaptations, or be discarded all together because further research has claimed it to be false. Essentially, from this standpoint, assumptions need to be challenged in the continual search for absolute truth. Thus the interaction principle encouraged experimentalism, verification, and reconstruction.

The next principal is quantification. An excellent example of quantification is the amount of water required for scrubbing the

The second principle, which is beneficience, revolves around reducing the risks of harm. This means stopping a study if necessary, that results must outweight possible harmful outcomes, and inhumane treatment should never be acceptable. The last principle is justice. This refers to every participant receiving an equal opportunity of obtaining the benefits of the study and to not selecting a certain group for harmful research.

The following principles serve as the guide for individual behavior and organizational policies and practices. Included in the description of each principle is an example of how it may be reflected in an environment.

In order to be an effective analytical competitor, Davenport and Harris (2007) assert that firms must meet certain prerequisites. Those prerequisites are at least a moderate amount of quality data about the type of business that analytics will support, hardware and software, the commitment of managers to develop analytics, and executive sponsorship (Davenport and Harris, 2007, p.16). Analytics is about extrapolating new information and

“Most: Principles are not in and of themselves a model or method of instruction, but rather relationships that may underlie any model or method. These principles can be implemented in a variety of ways by different models and methods of instruction. However, the effectiveness, efficiency, and engagement of a particular model or method of instruction is a function of the degree to which these principles are implemented.”

Method: analytically from common knowledge to the determination of its supreme principle; then , synthetically from the examination of this principle and its sources back to common knowledge.

One advantage of using positivist methods of research is that the data is that the

While Kaushik provides a rebuttal for the free analytics software argument in his book “Web Analytics 2.0” by explaining that most companies would need to hire a company to install and get the tool set up correctly which would provide you that 10%, I don’t feel that is good enough of an explanation to stand 100% behind the 10/90 rule. I believe that the 10/90 rule should be applied as an initial “guiding principle” when evaluating the software you will be purchasing and building out your analytics