1)This week we will want to take a look in what it meant by Holistic ERM. There is some discussion on this in the Video Lecture. For this discussion, you will need to read Chapter 3 of the text on ERM at Mars, Incorporated. ERM for Strategy and Operations.

For the discussion, note the major principles for the design of an ERM process that were discerned by Senior Management at Mars. From your reading of the case study report on how each of the principles was realized or not and why?

External research may also be used and applied to this case to support opinions. Cite any research using APA format.

The initial post is due on Thursday (9/5). Two substantive response posts are required by the end of the week (9/8). You must first create a thread to see discussion inputs.

Grading: As previously provided for discussion grading on Content, Writing, and Timeliness.

2)Please provide an example of both a Type I Error and Type II Error. Why is it that increasing the sample size reduces the probability of a Type II error to an acceptable level. Please discuss.

3)In Chapter 2, please review Figure 2-1: Key roles for a successful analytics project. Select a data analytics of your choice and discuss how the following roles add value to this initiative: Business User, Project Sponsor, Project Manager, Business Intelligence Analyst, Database Administrator, and Data Engineer. Again, please note that you will discuss specific activities that each of these roles may perform on a data analytics project that you select.

***Chapter 2 -Data Analytics Lifecycle

Chapter 3 Review of Basic Data Analytic Methods Using R ***harku