Question: Distinguish BI from DSS
Distinguish BI from DSS.
Answer to relevant QuestionsCompare and contrast predictive analytics with prescriptive and descriptive analytics. Use examples.1. How is predictive analytics applied in Money ball?2. What is the difference between objective and subjective approaches in decision making?Identify similarities and differences between individual and group decision making.Why do people exhibit bounded rationality when problem solving?Describe how DSS/BI technologies and tools can aid in each phase of decision making.
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