Podcast
Questions and Answers
The type of analytics that focuses on recommending actions or decisions is called ______.
The type of analytics that focuses on recommending actions or decisions is called ______.
prescriptive
Prescriptive analytics is used to recommend ______ based on data analysis and predictive models.
Prescriptive analytics is used to recommend ______ based on data analysis and predictive models.
actions
Prescriptive analytics uses ______ models to predict outcomes and recommend decisions.
Prescriptive analytics uses ______ models to predict outcomes and recommend decisions.
predictive
The goal of prescriptive analytics is to make ______ decisions based on data analysis.
The goal of prescriptive analytics is to make ______ decisions based on data analysis.
Prescriptive analytics goes beyond descriptive and predictive analytics by providing ______ for decision-making.
Prescriptive analytics goes beyond descriptive and predictive analytics by providing ______ for decision-making.
What approach emphasizes the use of data to inform decision-making and strategy ______?
What approach emphasizes the use of data to inform decision-making and strategy ______?
The approach that emphasizes the use of data to inform decision-making is ______ formulation.
The approach that emphasizes the use of data to inform decision-making is ______ formulation.
Data-driven decision-making and strategy formulation is a key aspect of ______ analytics.
Data-driven decision-making and strategy formulation is a key aspect of ______ analytics.
The main goal of prescriptive analytics is to make ______ decisions based on data analysis.
The main goal of prescriptive analytics is to make ______ decisions based on data analysis.
________ analytics uses data to inform decision-making and strategy formulation.
________ analytics uses data to inform decision-making and strategy formulation.
Study Notes
What type of analytics focuses on recommending actions or decisions based on analysis of data and predictive models?
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
Test your knowledge on predictive analytics and its applications in business decision making. Learn how to drive business growth with data-driven insights and recommendations.
