1. Three developments spurred explosive growth in the use of analytical methods in business applications. They are:...
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1. Three developments spurred explosive growth in the use of analytical methods in business applications. They are:
- Technique advances, improved hiring practices, decreased computer prices
- Technological advances, methodological advances, decreased computer prices
- Technological advances, methodological advances, explosion in computing power and storage capability.
- Theoretical advances, improved hiring practices, increased computer prices
2. Business analytics is defined as:
- Scientific process of transforming data into insights for making better decisions
- Systematic process of transforming data into insights for making better decisions
- Semi-structured process of transforming data into insights for making better decisions
- Semantic process of transcribing data into insights for making better decisions
Related Book For
Probability and Statistics for Engineering and the Sciences
ISBN: 978-1305251809
9th edition
Authors: Jay L. Devore
Posted Date: