Difference between business analyst and decision analyst
Answers
Answer:
Although business analysts and data scientists are both data focused roles, they differ in that a business analystanalyzes data and assesses requirements from a businessperspective related to an organization's overall system. Whereas, the main tasks of data analysts are to collect, manipulate and analyze data.
Answer:
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Explanation:
Decision analyst (DA) is a systematic, quantitative and visual approach to addressing and evaluating important choices confronted by businesses. Decision analysis utilizes a variety of tools to evaluate all relevant information to aid in the decision making process and incorporates aspects of psychology, management techniques and training, and economics. It is often used to assess decisions that are made in the contex of multiple variables and which have many possible outcomes or objectives. It can be used by individuals or groups attempting to make a decision related to risk management, capital investments and strategic business decisions. A graphical representation of alternatives and possible solutions, as well as challenges and uncertainties, can be created on a decision tree or influence diagram. More sophisticated computer models have also been developed to aid in the decision analysis process
Business Analyst
business analyst (BA) is someone who analyzes an organization or business domain (real or hypothetical) and documents its business or processes or systems, assessing the business model or its integration with technology. He or she helps in guiding businesses in improving processes, products, services and software through data analysis.[1]
The role of a systems analyst can also be defined as a bridge between the business problems and the technology solutions. Here business problems can be anything about business systems, for example the model, process, or method. The technology solutions can be the use of technology architecture, tools, or software applications. System analysts are required to analyze, transform and ultimately resolve the business problems with the help of technology.