Question: Analytics is the use of data, information technology, statistical analysis, quantitative methods, and mathematical or computer-based models to help managers gain improved insight about their

  1. Analytics is the use of data, information technology, statistical analysis, quantitative methods, and mathematical or computer-based models to help managers gain improved insight about their business operations and make better, fact-based decisions. This type of analytics is the use of data to understand past and current performance and make informed decisions

    a.

    Descriptive Analytics

    b.

    Predictive Analytics

    c.

    Prescriptive Analytics

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