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Questions and Answers
What does Descriptive Analytics focus on?
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?
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?
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?
What is an example of Predictive Maintenance mentioned in the text?
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What does Prescriptive Analytics do?
What does Prescriptive Analytics do?
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