Question: Prescriptive analytics is considered to be a step further ahead of predictive analysis and substantially different from it. Provide an example of each and outline

Prescriptive analytics is considered to be a step further ahead of predictive analysis and substantially different from it. Provide an example of each and outline their differences.

Step by Step Solution

3.44 Rating (151 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Prescriptive analytics is indeed a step beyond predictive analytics and serves a distinct purpose Lets clarify the differences between the two by providing examples of each Predictive Analytics Predic... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Business Intelligence and Analytics Questions!