How are prescriptive and predictive analytics different from descriptive analytics?
Question:
How are prescriptive and predictive analytics different from descriptive analytics?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
Unlike the prescriptive an...View the full answer
Answered By
Aqib Parvej
I am teaching since my graduation time so I have teaching experience of about 5 years and in these years I learn to teach in the best and interesting way .
4.80+
20+ Reviews
41+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Compare and contrast predictive analytics with prescriptive and descriptive analytics. Use examples.
-
Ch 5 - Assignments i Saved Required: Select the analytics type (descriptive, diagnostic, predictive and prescriptive) to the analytics types used. 20 Types of Analyses Used Type of Analytics points...
-
Select the analytics type (descriptive, diagnostic, predictive and prescriptive) to the analytics tools used. Matching Type of Analytics Counts, totals, sums, minimums, maximums Identifying...
-
Oil flows through the 100-mm-diameter pipe with a velocity of 5 m/s. If the pressure in the pipe at A and B is 80 kpa, determine the x and y components of force the flow exerts on the elbow. The flow...
-
What is an opinion leader? Give three reasons why they are powerful influences on consumers opinions. What are some characteristics of opinion leaders?
-
SecondaryMarketforT-BillsDescribetheactivityinthesecondaryT-billmarket.HowcanthisdegreeofactivitybenefitinvestorsinT-bills?WhymightafinancialinstitutionsometimesconsiderT-billsasapotentialsourceoffund...
-
Legalized gambling is available on several riverboat casinos operated by a city in Mississippi. The mayor of the city wants to know the correlation between the number of casino employees and the...
-
The beginning inventory and data on purchases and sales for a three-month period are shown in Problem 7-1B. Instructions 1. Record the inventory, purchases, and cost of merchandise sold data in a...
-
Required information Tequila Mockingbird, a liquor store, purchased a new point - of - sale system to improve efficiency in ringing up customers. The point - of - sale system cost $ 3 0 , 0 0 0 , has...
-
Which of the following statements is most true? a. Journal vouchers authorize all GL postings in a real-time GLS. b. Adjusting and reversing entries to the GL do not require journal vouchers because...
-
Discuss the three Vs of big data analytics.
-
How is the general lighting load for a building determined?
-
When a supersonic airflow, \(M=1.8\), passes through a normal shockwave under sea level conditions, what are the values of the stagnation pressure before and after the normal shockwave?
-
Eastern University, located in central Canada, prides itself on providing faculty and staff with a competitive compensation package. One aspect of this package is a tuition benefit of \($4,000\) per...
-
What is the formula for calculating return on investment (ROI)?
-
Air enters a 5.5-cm-diameter adiabatic duct with inlet conditions of \(\mathrm{Ma}_{1}=2.2, T_{1}=250 \mathrm{~K}\), and \(P_{1}=60 \mathrm{kPa}\), and exits at a Mach number of...
-
At the various activity levels shown, Taylor Company incurred the following costs. Required: Identify each of these costs as fixed, variable, or mixed. Units sold 20 40 60 80 100 a. Total salary cost...
-
What determines the deposit requirements for employer taxes?
-
The diameter of a sphere is 18 in. Find the largest volume of regular pyramid of altitude 15 in. that can be cut from the sphere if the pyramid is (a) square, (b) pentagonal, (c) hexagonal, and (d)...
-
a. Create a data flow diagram of the current system. b. Create a system flowchart of the existing system. c. Analyze the internal control weaknesses in the system. Model your response according to...
-
a. Create a data flow diagram of the current system. b. Create a system flow chart of the existing system. c. Analyze the internal control weaknesses in the system. Mode your response according to...
-
a. Create a data flow diagram of the current system. b. Create a system flowchart of the existing system. c. Analyze the internal control weaknesses in the system. Model your response according to...
-
Comfort Golf Products is considering whether to upgrade its equipment Managers are considering two options. Equipment manufactured by Stenback Inc. costs $1,000,000 and will last five years and have...
-
Weaver Corporation had the following stock issued and outstanding at January 1, Year 1: 71,000 shares of $10 par common stock. 8,500 shares of $60 par, 6 percent, noncumulative preferred stock. On...
-
Read the following case and then answer questions On 1 January 2016 a company purchased a machine at a cost of $3,000. Its useful life is estimated to be 10 years and then it has a residual value of...
Study smarter with the SolutionInn App