Which predictive analytics technique would be used to predict whether a firm is likely to have a material misstatement in the coming year?
A) Regression
B) Classification
C) Benford's law
D) Monetary unit sampling

Question

Quizplus · Accepted Answer

Classification is the correct predictive analytics technique for predicting categorical outcomes, such as whether a firm is likely to have a material misstatement (yes or no) in the coming year.

Which Predictive Analytics Technique Would Be Used to Predict Whether