Which of the following best describes what prescriptive analysis is?
A) To recommend the best course of action among the firm's various options.
B) To predict a future outcome with some degree of confidence.
C) To understand the current context.
D) None of the above.
E) Both B and C are correct descriptions of Descriptive analysis
Correct Answer:
Verified
Q21: The descriptive analysis technique whose goal is
Q22: _ analysis tries to uncover explanatory and
Q23: The analysis that discovers interesting relationships between
Q24: A key term in prescriptive analysis is:
A)
Q25: What statement best describes what prescriptive analysis
Q27: Which of the following statements best represents
Q28: Discovering data-based trends by analyzing sequences of
Q29: The analysis that focuses on future-oriented, potential
Q30: IBM's Slamtracker, which analyzes years of Grand
Q31: The analysis technique that involves seeing how
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents