Predictive analytics is used for all of the following except
A) anticipate customer response to price changes.
B) identifying the most profitable customers.
C) determining the best routes for product delivery.
D) establishing consumer credit scores.

Question

Quizplus · Accepted Answer

Predictive analytics is used to analyze data and make predictions about future events or behaviors. While it is commonly used in business for tasks such as anticipating customer response to price changes and identifying the most profitable customers, it is not typically used for determining the best routes for product delivery. This type of analysis falls more under the category of operations research or supply chain management. Establishing consumer credit scores, on the other hand, is a common application of predictive analytics in the financial industry.

Predictive Analytics Is Used for All of the Following Except