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BUSN_250_Final_Exam 2024 FALL

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Descriptive analytics: QUESTION # 1 options: o can predict risk and find relationships in data not readily apparent with traditional analyses. o helps companies classify their customers into segmen ... ts to develop specific marketing campaigns. o helps detect hidden patterns in large quantities of data to group data into sets to predict behavior. o can use mathematical techniques with optimization to make decisions that take into account the uncertainty in the data. QUESTION # 2 (3 points) A manager at Gampco Inc. wishes to know the company's revenue and profit in its previous quarter. Which of the following business analytics will help the manager? QUESTION # 2 options: o prescriptive analytics o normative analytics o descriptive analytics o predictive analytics [Show More]

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