Question
Classify the type of data analytics (descriptive, diagnostic, predictive, prescriptive, or adaptive and autonomous) being used in each of the following situations. a. McGowan Company
Classify the type of data analytics (descriptive, diagnostic, predictive, prescriptive, or adaptive and autonomous) being used in each of the following situations.
a. | McGowan Company provides managers with regular Key Performance Indicator (KPI) dashboards. |
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b. | Zerrot Corporation issues monthly revenue reports. |
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c. | Wheelson Company uses customer analytics and sales history to determine how to drive repeat purchases by customers. |
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d. | Courtyard Freight investigates the cause of slow shipments in the southeastern region. |
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e. | Medavoy Operations uses statistical software to forecast sales. |
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f. | Johnson Stores, Inc., drills down through data to find out which marketing activities were most effective in generating sales. |
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g. | Michelson Corporation uses machine learning, artificial intelligence, and algorithms to continually make decisions in real-time about which sales promotions to run in each market. |
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