Compare and contrast predictive analytics with prescriptive and descriptive analytics. Use examples.
Question:
Compare and contrast predictive analytics with prescriptive and descriptive analytics. Use examples.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 81% (16 reviews)
Predictive analytics is the use of statistical techniques and data mining to determine what is likel...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Business Intelligence and Analytics Systems for Decision Support
ISBN: 978-0133050905
10th Edition
Authors: Ramesh Sharda, Dursun Delen, Efraim Turban
Question Posted:
Students also viewed these Accounting questions
-
Using Table 6-2 as a guide, compare and contrast predictive and prescriptive analytics. How might these be used in an audit? Or a continuous audit? Table 6-2 Example CAATS Analytic Type Example Audit...
-
Compare descriptive and prescriptive theories of leadership. Explain why both types of theory are useful.
-
Use examples to compare and contrast unstructured and structured data. Which type is more prevalent in a typical business environment?
-
The adjusted trial balance for Sweet Home Catering, Inc., is presented below. Prepare the income statement and statement of retained earnings for Sweet Home Catering, Inc., for the month ended March...
-
Foster Company uses the allowance method to account for uncollectible accounts receivable. At year-end, December 31, the unadjusted balance in the Allowance for Doubtful Accounts was $450 credit....
-
Olsen Company has been using the FIFO cost flow method during a prolonged period of rising prices. During the same time period, Olsen has been paying out all of its net income as dividends. What...
-
Climate Change In July 2015, a poll asked a random sample of 1,236 registered voters in Iowa whether they agree or disagree that the world needs to do more to combat climate change. The results show...
-
Refer to the preceding facts for Panthers acquisition of Sandin common stock. On January 1, 2012, Panther held merchandise sold to it from Sandin for $12,000. This beginning inventory had an...
-
Please use CX programmer to demonstrate the answer Image transcription text LABWORK 3 PLC 3 - Conveyor & Puncher OBJECTIVES: programing. Design of a WAIT state. Pulse generation function, TOPICS:...
-
Suppose the French government levies a high tariff on imported American cheeses. Who would benefit if the French government passed a law reducing the high tariff on imported cheese, holding all else...
-
Distinguish BI from DSS.
-
1. Why did Nationwide need an enterprise-wide data warehouse? 2. How did integrated data drive the business value? 3. What forms of analytics are employed at Nationwide? 4. With integrated data...
-
Evaluate for the function and region Wspecified. SSS, f(x, y, z) dV W
-
What are the six main factors that you should analyse for a research proposal or plan according to organizational policies and procedures ?
-
What are the details about projects, which employees either are assigned to or apply skills on, using subquery?
-
when a leader is focused on the organization's operations, what are their central tasks?
-
list 5 of the elements relating to ''conflict resolution''
-
How do local, natural, or international level impact risks and vulnerability?
-
A narrowing ladder 3.0 m long weighing 200 N has its center of gravity 120 cm from the bottom. At its top end is a 50-N can of paint. Compute the work required to raise the ladder from being...
-
Question 6.10 Current and deferred tax worksheets and tax entries From the hip Ltd?s statement of profit or loss for the year ended 30 June 2007 and extracts from its statements of financial position...
-
Janelle stands on a balcony, two stories above Michael. She throws one ball straight up and one ball straight down, but both with the same initial speed. Eventually each ball passes Michael. Which...
-
If an artificial brain someday contains as many neurons as the human brain, will it be as smart as a human brain?
-
If an artificial brain someday contains as many neurons as the human brain, will it be as smart as a human brain?
-
Find at least three voice recognition applications and write a report comparing them.
-
The first video I have for your discussion is "Shock and Awe:The Story of Electricity" Part 1 is called "Spark"It runs from 0:00 to about 58 min, on the following link....
-
Find the present value of a 1 0 - year annuity of $ 8 0 0 0 per annum, given the interest rate of 6 % for the first year, 7 % for the second year, 8 % for the third year, 9 % for the fourth year, and...
-
The management accounting team of XYZ plc also came up with some questions and requested you to explain/answer them for the upcoming board meeting: 1. A chain of XYZ plc, BHealthy Ltd is a wholesale...
Study smarter with the SolutionInn App