Predictive analytics:
A) summarizes data into meaningful charts and reports that can be standardized or customized.
B) identifies the best alternatives to minimize or maximize an objective.
C) uses data to determine a course of action to be executed in a given situation.
D) detects patterns in historical data and extrapolates them forward in time.

Question

Quizplus · Accepted Answer

Predictive analytics involves analyzing historical data to identify patterns and trends, and then using that information to make predictions about future events or behavior. This process involves detecting patterns in historical data and extrapolating them forward in time, which is the definition given in option D.

Predictive Analytics