What statement best describes what prescriptive analysis is used for?
A) To uncover explanatory and predictive models of business performance based on the relationship between data inputs and business outcomes.
B) To understand business performance.
C) To extract patterns from large datasets.
D) To determine a set of high-value alternative actions for the purposes of improving business performance.
E) To determine if a customer can be cross-sold or up-sold a product at the point of purchase.
Correct Answer:
Verified
Q20: A great source of "Voice of the
Q21: The descriptive analysis technique whose goal is
Q22: _ analysis tries to uncover explanatory and
Q23: The analysis that discovers interesting relationships between
Q24: A key term in prescriptive analysis is:
A)
Q26: Which of the following best describes what
Q27: Which of the following statements best represents
Q28: Discovering data-based trends by analyzing sequences of
Q29: The analysis that focuses on future-oriented, potential
Q30: IBM's Slamtracker, which analyzes years of Grand
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