Predictive analytics is used by organizations to:
A) analyze business policies through visual representations.
B) identify the best decisions for a particular situation.
C) understand past and current performance.
D) envisage the future by detecting patterns and relationships in data.

Question

Quizplus · Accepted Answer

Predictive analytics involves analyzing past and current data to detect patterns and relationships, and then using that information to make predictions about the future. It is not focused on analyzing business policies through visual representations or identifying the best decisions for a particular situation, although these may be outcomes of using predictive analytics.

Predictive Analytics Is Used by Organizations To