Question: Consider the following: How is data analytics different from statistics? What are the main differences between descriptive, predictive, and prescriptive analytics tools? How do businesses

Consider the following:
How is data analytics different from statistics?
What are the main differences between descriptive, predictive, and prescriptive analytics tools?
How do businesses use analytics to convert raw operational data into actionable information?
.
Think about Amazon.com
Does Amazon.com use data analytics?
If so, how is it used? How can Amazon.com improve the way it uses data analytics? What opportunities is Amazon.com missing out on?
If not, how could data analytics be used to improve Amazon.coms performance?

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 General Management Questions!