Which of the following statements best summarizes the use of business analytics?
A) The use of data analysis to aid in business decision making.
B) Using of cluster analysis to create customer categories.
C) Forecasting stock prices.
D) Using "big data" methods to predict sales.

Question

Quizplus · Accepted Answer

While the other choices mention specific applications of business analytics, they do not encompass the full scope of its use. Business analytics involves using data analysis to inform and support decision making within a business, which can include a variety of methods and applications beyond those listed in the answer choices.

Which of the Following Statements Best Summarizes the Use of Business