Label each of the following confirmatory analytics techniques as either predictive or prescriptive analytics. Example of Analytics
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Label each of the following confirmatory analytics techniques as either predictive or prescriptive analytics.
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Example of Analytics Technique Performed Predictive Analytics or Prescriptive Analytics? Analysis of whether to manufacture or outsource the manufacture of products Classification of customer segments Cash flow analysis for payoffs of capital investments Sensitivity of profits to changes in fuel costs Time series analysis of product demand
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Related Book For
Introduction To Business Analytics
ISBN: 9781265454340
1st Edition
Authors: Vernon Richardson, Marcia Watson
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