Identify how firms use predictive analysis.
A)to provide an educated guess regarding what is expected to occur in the near future
B)to engage in data warehousing
C)to engage in a low-cost strategy
D)to design the most effective accounting information system

Question

Quizplus · Accepted Answer

Firms use predictive analysis to make an educated guess about what is expected to occur in the near future. This can help them make informed business decisions and plan accordingly. Data warehousing, low-cost strategy, and designing accounting information systems are not directly related to the use of predictive analysis.

Identify How Firms Use Predictive Analysis