Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PMRTTCIPATTON ACTTVTY 1 . 1 . 3 : Descriptive, predictive, and prescriptive analytics. Match each type of data analytics with the correct goal. If unable

PMRTTCIPATTON
ACTTVTY
1.1.3: Descriptive, predictive, and prescriptive analytics.
Match each type of data analytics with the correct goal.
If unable to drag and drop, refresh the page.
q,
Given existing data, strives to summarize the data, perhaps to gain insight.
Given data and a model, strives to determine future values.
Strives to make decisions or recommendations based on data.
Feedback?
Types of data
Variables
Data is typically represented using variables. A variable is an item that can have different (varying") values. Ex: A persons age is a varace and can have the value 10.33.99 or other values Variables are often considered as being of two possible types:
A quantitative variable can take on a numeric value (quantitative data that can be measured and ordered. Ex A persons age the outside temperature and a meals price are quantitative variables. Example numeric values are an age of 33 or 99 years a temperature of 40 or 45 degrees and a price of 12 or 15 dotiars
A categorical variable can take on the va ue (usually a labe) of one of severa categores. Ex A persons gender seascons anc ds compan es are categorica variables Gendercan be male or temale seasons can be tal, winter spring or summer and Us t:rethan quartites
image text in transcribed

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_2

Step: 3

blur-text-image_3

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

SQL Server T-SQL Recipes

Authors: David Dye, Jason Brimhall

4th Edition

1484200616, 9781484200612

More Books

Students also viewed these Databases questions

Question

25.0 m C B A 52.0 m 65.0 m

Answered: 1 week ago