Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 1 ( 1 point ) A hotel chain wants to optimize room pricing based on historical booking data. What type of analytics would support
Question point
A hotel chain wants to optimize room pricing based on historical booking data. What type of analytics would support this decisionmaking process?
Descriptive Analytics
Predictive Aralytics
Prescriptive Analytics
Diagnostic Analytics
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started