The type of analytics whose models yield a best course of action to take is _____ analytics.
A) descriptive
B) prescriptive
C) predictive
D) inferential

Question

Quizplus · Accepted Answer

Prescriptive analytics uses data, mathematical algorithms, and machine learning techniques to identify the best course of action to take in a given situation. It goes beyond both descriptive and predictive analytics, which simply describe what has happened or what may happen in the future. Inferential analytics, on the other hand, is used to make inferences about a larger group based on a smaller sample.

The Type of Analytics Whose Models Yield a Best Course