Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 07, 2024

Business analytics uses business modelling, data analysis, optimization and simulation to make prediction. Explain why business analytics is an important field of study. (4 marks)

Business analytics uses business modelling, data analysis, optimization and simulation to make prediction. Explain why business analytics is an important field of study. (4 marks) (b) Differentiate with appropriate examples, a static and a dynamic system. (4 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Anger Management Workbook For Moms

Anger Management Workbook For Moms

Authors: Lena Suarez Angelino

1st Edition

1638074755, 978-1638074755

More Books

Students also viewed these General Management questions

Question

★★★★★

A section of an exam contains four True-False questions. A completed exam paper is selected at random, and the four answers are recorded. a. List all 16 outcomes in the sample space. b. Assuming the...

Answered: 1 week ago

Question

★★★★★

10.76 The study referenced in Exercise 10.75 was actually a 5-year study, with a random sample of 300 respondents per year. The percents of respondents stating that the aerosol dispensers did not...

Answered: 1 week ago

Question

★★★★★

Find the correlation coefficient for the number of square metres of living area and the selling price of a home for the data in Example 3.5.

Answered: 1 week ago

Question

★★★★★

The comparative balance sheet of Cromme Inc. for December 31, 2016 and 2015, is as follows: Dec. 31, 2016 Dec. 31, 2015 Assets Cash Accounts receivable (net Inventories Investments Land .. $ 585,920...

Answered: 1 week ago

Question

★★★★★

Need help with accounting problem. What are the company's total Current Assets? What is the company's Net Cash Flow from Financing Activities? What is the Retained Earnings? What is the total...

Answered: 1 week ago

Question

★★★★★

A population culture begins with 15 strands of bacteria and then doubles every 4 hours. This can be modeled as 15(2)1/4, where t is time in hours. How many strands of bacteria are present at 12...

Answered: 1 week ago

Question

★★★★★

Answered: 1 week ago

Question

★★★★★

5. Why is Major League Baseball the only professional sports league that has an exemption from the antitrust laws? 6. What is the difference between an anti- trust exemption and a labor exemption and...

Answered: 1 week ago

Question

★★★★★

Cruise intends to launch an autonomous, EV ridehail service in San Francisco. We would like tohear some of your perspectives on a few key components of our Commercial Operationsstrategy: Operations:...

Answered: 1 week ago

Question

★★★★★

Federal Holdings consumes about 72,000 kg of flour per year. The company is open 360 days a year. The ordering cost is RM15 per order and the supplier will deliver the order in 3 days. To overcome...

Answered: 1 week ago

Question

★★★★★

Utilize this assignment to explore career options in the field of an "Human Resource Director." Please type at least one page in length about an Human Resource Director. Make sure your response...

Answered: 1 week ago

Question

★★★★★

List some of the critical tips for dealing with angry people and how you can prevent personal violence.

Answered: 1 week ago

Question

★★★★★

List the four situational supervisory styles and the four variables to consider in selecting the appropriate communication style.

Answered: 1 week ago

Question

★★★★★

Identify the differences between passive, aggressive, and assertive behavior.

Answered: 1 week ago

Previous Question Next Question