Question: A managed care organization is using a system that examines the past healthcare behaviors of their patients to determine their future costs for their healthcare,

A managed care organization is using a system that examines the past healthcare behaviors of their patients to determine their future costs for their healthcare, This is an example of ,

a. Descriptive analytics

b. Predictive modeling

c. Prescriptive analytics

d. Real-time analytics

Step by Step Solution

3.39 Rating (152 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

This scenario falls under the category of predictive modeling Heres why Predictive modeling involves ... 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 Statistics Questions!