Question: (2.5 points) [Introduction to Data Analytics] Determine the most relevant business analytics methods (e.g., classification, regression, clustering, association mining, Simulation, etc.) for the following business

(2.5 points) [Introduction to Data Analytics] Determine the most relevant business analytics methods (e.g., classification, regression, clustering, association mining, Simulation, etc.) for the following business problem:

[0.5 point] Grouping a public banks customers based on customer value, accounts type, accounts balances, address, education and family income.

[0.5 point] Estimating the price of a house using historical data.

[0.5 point] Predicting whether an applicant's credit application will be approved or denied based on historical data

[0.5 point] Producing a list of recommendations for a user.

[0.5 point] Determining the bottleneck(s) of a business process.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 Databases Questions!