Kindly give all the correct answers with a Correct Explanation. Thank you.

1-The viability of business analytics is because of:

Growth of hardware

Availability of new algorithms and methods

Economic development

Growth of hardware and algorithm availability

2-Data visualization and reports are normally used for:

Descriptive analytics

Prescriptive analytics

Predictive analytics

3-Decision making in business should be based on:

Tradition

Intuition

Rule of thumb

None of the above

4-Optimization algorithms are used in:

Descriptive analytics

Prescriptive analytic

Predictive analytics

5-Size of t-shirt (XL L M S) is data of type:

Nominal

Ordinal

Ratio

Interval