Question: For each of the situations described below, select the type of analytics that would address the specific organizational need and justify your selection. a. A

For each of the situations described below, select the type of analytics that would address the specific organizational need and justify your selection.
a. A mid-sized bank would like to provide as much automated support for its lending decisions as possible.
b. A large retail chain wants to understand what factors contributed to the overall sales decline it experienced in a specific month in the past.
c. To support staffing analysis for a holiday season, a clothing store wants to improve its understanding of the number of customers that are likely to visit each of its stores during the November 15-January 15 time frame.
d. A gaming company wants to provide all of its employees an up-to-date graphical representation of the number of downloads of its game products and in-app revenue associated with them.

Step by Step Solution

3.41 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Selecting the proper type of analytics a Prescriptive analytics The key phrase here is automat... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

613-CS-DB (2012).docx

120 KBs Word File

Students Have Also Explored These Related Databases Questions!