What does it mean for data to be actionable?

Prepare for the University of Central Florida GEB4522 Data Driven Decision Making Exam 2. Utilize interactive quizzes, flashcards, and detailed explanations to excel in your test. Enhance your decision-making skills and ace the exam!

Data being actionable means it has the potential to inform decisions and prompt specific actions based on the insights derived from it. Actionable data provides relevant information that stakeholders can utilize to make informed choices, solve problems, and facilitate strategic planning.

For instance, if a company analyzes customer feedback and identifies a consistent complaint about a particular product feature, that data can drive the decision to modify the product, thereby responding to customer needs and potentially increasing satisfaction and sales. The key aspect of actionable data is its practical utility in guiding decisions and fostering a response that creates value for the organization.

On the other hand, options that suggest the data cannot be used in decision-making, is purely theoretical, or is too complex for average users do not align with the definition of actionable data. These alternative views imply that the data lacks relevance or usefulness, which goes against the very concept of data being actionable.

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