Which of the following BI functionalities would you use to assess how customers would respond to a price change in your product?
A)Paramaterized reports
B)Predictive analytics
C)Ad hoc queries
D)Production reports

Question

Quizplus · Accepted Answer

Predictive analytics would be the best choice for assessing how customers would respond to a price change. This functionality allows businesses to analyze historical data and create models to predict future outcomes. By using predictive analytics, businesses can simulate potential price changes and see the likely impact on customer behavior.

Which of the Following BI Functionalities Would You Use to Assess