Data mining approaches and statistical techniques used to predict future behavior, especially to unlock the value of business intelligence for strategy, are known as ________.
A)optimization
B)predictive analytics
C)content management systems
D)mashups

Question

Quizplus · Accepted Answer

Predictive analytics is a branch of data mining that involves using statistical techniques to analyze historical data and make predictions about future behavior or events. This approach is often used by businesses to unlock the value of their data and inform strategic decision-making. Optimization refers to the process of finding the best solution to a problem, often using mathematical models and algorithms. Content management systems are software tools used to manage digital content, such as documents and media files. Mashups are applications that combine data from multiple sources to create new functionality. While all of these technologies may be useful in business contexts, none are specifically focused on predicting future behavior through data mining and statistical analysis.

Data Mining Approaches and Statistical Techniques Used to Predict Future