Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1) Describe each of three levels or categories of analytics that are most often viewed as sequential and independent, but also occasionally seen as overlapping

1) Describe each of three levels or categories of analytics that are most often viewed as sequential and independent, but also occasionally seen as overlapping (Descriptive, Predictive, and Prescriptive). Provide two examples of each.

2) Describe and define Big Data. Why is a search engine a Big Data application?

3) List and briefly discuss 5 major benefits of AI.

4) List five reasons for the growing popularity of data mining in the business world.

5) Describe in layman's terms two algorithms that are used for classification modeling (explain how the algorithms accomplish learning).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Data Analytics and Applications Heres a breakdown of the concepts you requested 1 Levels of Analytics Descriptive Analytics This focuses on summarizing and describing past data It answers the question ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books

Students also viewed these General Management questions

Question

Do I want people to be more like me?

Answered: 1 week ago