Indicate which type of analytics, predictive or prescriptive, is most likely being described by each of the
Question:
Indicate which type of analytics, predictive or prescriptive, is most likely being described by each of the following independent statements.
1. Provides insights on how to deal with expected cash shortages
2. Answers the question “What will happen and when?”
3. Maximizes overall returns and profitability over the long run
4. Real-time data from banks and other financial partners can be used
5. Considers a diverse range of data
6. Usually relies mainly on past transaction history
7. Provides recommendations on how to optimally invest excess cash
8. Answers the question “What action should be taken?”
9. Models a few aspects of a business
10. Supports what-if scenarios
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