Question: Business Analytics in Action Prescriptive analytics seeks to determine the best solution or outcome among various choices. Read the Analytics in Practice highlights at NBC
Business Analytics in Action Prescriptive analytics seeks to determine the best solution or outcome among various choices.
Read the Analytics in Practice highlights at NBC (Evans, pp. 467-469) and the Bank Financial Planning (Evans, pp. 506-509).
(a) Applying insights from these profile highlights, what did you learn about prescriptive analytics?
(b) Modeling after one of the above profile highlights, how would you apply prescriptive analytics in your personal or professional life? Alternatively, research and report on another prescriptive analytics application.
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