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.
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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.
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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 ______?
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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.
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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.
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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.
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________ analytics uses data to inform decision-making and strategy formulation.
________ analytics uses data to inform decision-making and strategy formulation.
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Study Notes
What type of analytics focuses on recommending actions or decisions based on analysis of data and predictive models?
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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.
