In the spectrum of business analytics, which is the most complex?
A)Descriptive
B)Predictive
C)Prescriptive
D)Operational

Question

Quizplus · Accepted Answer

Prescriptive analytics is the most complex in the spectrum of business analytics as it involves finding the best course of action to take in a given situation based on different possible outcomes. It requires advanced mathematical and statistical models, as well as a deep understanding of the business context and objectives. Predictive analytics comes second in complexity as it involves making predictions about future outcomes based on historical data and statistical models. Descriptive analytics focuses on summarizing past performance and operational analytics deals with optimizing day-to-day business processes.

In the Spectrum of Business Analytics, Which Is the Most