AI Use Cases and Analytics Quiz
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Questions and Answers

What does Descriptive Analytics focus on?

  • Recommending one or more course of action on analyzing the data
  • Determining what happened and why
  • Describing or summarizing existing data using business intelligence tools (correct)
  • Predicting the possible outcome using statistical models

    • What is the emphasis of Predictive Analytics?

  • Recommending one or more course of action on analyzing the data
  • Predicting the possible outcome using statistical models and machine learning techniques (correct)
  • Describing or summarizing existing data using business intelligence tools
  • Determining what happened and why

    • What is the goal of AI Use Case #1: Predictive maintenance?

  • Determine what happened and why
  • Summarize the existing data using business intelligence tools
  • Recommend one or more course of action on analyzing the data
  • Predict when maintenance should be performed (correct)

    • What is an example of Predictive Maintenance mentioned in the text?

    <p>Remaining Useful Life (RUL) prediction via regression ML technique</p> Signup and view all the answers

    What does Prescriptive Analytics do?

    <p>Recommends one or more course of action on analyzing the data</p> Signup and view all the answers

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