A trader who wants to predict short-term movements in stock prices is likely to use analytics.
A) predictive
B) descriptive
C) normative
D) prescriptive

Question

Quizplus · Accepted Answer

Predictive analytics uses statistical algorithms and machine learning techniques to analyze historical data and make predictions about future outcomes. In the context of stock trading, a trader would use predictive analytics to predict short-term movements in stock prices. Descriptive analytics, on the other hand, summarizes historical data and provides insights into past trends and patterns. Normative analytics prescribes a course of action based on a set of criteria, while prescriptive analytics uses optimization techniques to identify the best course of action.

A Trader Who Wants to Predict Short-Term Movements in Stock