Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is an example of Descriptive Analytics? 1. Conducting market analysis in order to forecast the amount of sales in the next

Which of the following is an example of Descriptive Analytics?

1. Conducting market analysis in order to forecast the amount of sales in the next periods.

2. Summarizing the results of marketing campaigns.

3. Assessing risk in regard to pricing and premium information for clients of an insurance company.

4. Estimating customer preferences and recommending products to customers based on past purchases and search history.

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

The Psychology Of Money Timeless Lessons On Wealth Greed And Happiness

Authors: Morgan Housel

1st Edition

978-0857199096

More Books

Students also viewed these Finance questions