Descriptive analytics:
A) can predict risk and find relationships in data not readily apparent with traditional analyses.
B) helps companies classify their customers into segments to develop specific marketing campaigns.
C) helps detect hidden patterns in large quantities of data to group data into sets to predict behavior.
D) can use mathematical techniques with optimization to make decisions that take into account the uncertainty in the data.
Correct Answer:
Verified
Q1: A trader who wants to predict short-term
Q2: Which of the following inputs of a
Q4: Identify the uncontrollable variable from the following
Q5: Decision variables:
A) cannot be directly controlled by
Q6: Prescriptive decision models help:
A) make predictions of
Q7: Predictive analytics:
A) summarizes data into meaningful charts
Q8: During which phase in problem solving is
Q9: A manager at Gampco Inc. wishes to
Q10: Which of the following questions will prescriptive
Q11: Which of the following is the first
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents