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So, which KPI should be used as a business analyst?
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Well, that really depends on what question is being asked.
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As a business analyst,
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you're tasked with gathering appropriate information to help you solve business problems.
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You have to identify what needs to change and communicate the information in
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clear manageable chunks of data to allow you to move towards a solution.
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There are specific steps you take to address the question.
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First, you need to think about the business goal or objective you're trying to meet,
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this will guide the type of data you need to collect and the KPIs you will track.
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Next, you actually do the data analysis and
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calculate the appropriate business metric on your data.
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Then, you use the results of your analysis to identify
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a solution or a strategy that will meet the original business goal.
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Finally, your present the metrics and visualizations to help
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you convey your findings in a digestible way to the stakeholders.
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