Question: Give one specific business situation where you can use Predictive analytics. Explain briefly ( maximum of 2 sentences ) why you chose this example.

Give one specific business situation where you can use Predictive analytics. Explain briefly ( maximum of 2 sentences ) why you chose this example.

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 Mathematics Questions!

Q:

A company believes that its demand for the next six months is as follows: The output per worker per month is 40 units. The per worker hiring and lay off costs are $2000 and $3000, respectively. There...

Q:

Background: Business intelligence is an umbrella term for various types of data analytics involving online analytical processing ( OLAP ) , statistical data mining, and artificial intelligence. OLAP...

Q:

Background: Business intelligence is an umbrella term for various types of data analytics involving online analytical processing ( OLAP ) , statistical data mining, and artificial intelligence. OLAP...

Q:

markets questions and answers The cloud provider estimates that, based on historical data of the cloud environment, over the next 24 months there is a 22% chance that the physical server hosting the...

Q:

READ THE ARTICLE AND ANSWER THE QUESTIONS BELOW: HR Must Make People Analytics More User-Friendly Managing HR-related data is critical to any organizations success. And yet progress in HR analytics...

Q:

Choose any example/use case related to Amazon shopping application. Use predictive analytics flow and explain each and every stage in detail in few sentences. Predictive analysis flow includes...

Q:

explore the concepts of the four main types of data analytics: Descriptive Prescriptive Diagnostic Predictive Pick one type of data analytics you find most interesting and answer the following...

Q:

This week, explore the concepts of the four main types of data analytics: Descriptive Prescriptive Diagnostic Predictive Pick one type of data analytics you find most interesting and answer the...

Q:

a)Explain the difference between an ERP and an AIS? b)A small business operates from home, producing children's clothing. They currently sell their product through local retail shops in the same city...

Q:

a)Explain the difference between an ERP and an AIS? b)A small business operates from home, producing children's clothing. They currently sell their product through local retail shops in the same city...

Q:

a)Explain the difference between an ERP and an AIS? b)A small business operates from home, producing children's clothing. They currently sell their product through local retail shops in the same city...

Q:

Determine the output waveforms of the figures shown below, Sketch the input and output waveforms on top of one another. 2.2 ka +8 V Si Vi Vo -8 V R 1.0 kfl +15 V our 8V 4V -15V Diodes are silicon C...

Q:

The balance column in a ledger account is: Multiple Choice Anaccount entered on the balance sheet. A column for showing thebalance of the account after each entry is posted. Another name forthe...

Q:

A rectangular dam is 2 5 0 feet wide and 6 0 feet deep. The water level is 7 feet below the top of the dam. Find the total force ( in pounds ) exerted on the dam by water pressure. ( Water has a...

Q:

There are many things that can go wrong with endocrine signaling? (Pathology). Make a list of things that can go wrong with the gland, hormones, target cell, response, etc. For example, the gland can...

Q:

1)What tissue regulates both the adenohypophysis and the neurohypophysis? Does this tissue regulate lots of physiological functions? Give a few examples. 2) All of the following are directly...

Q:

1.The bodys cells need glucose and oxygen to make ATP to live and do work. When the oxygen supply is cut off to the brain, what happens to the brain cells? 2.When you are exercising, your muscle...

Q:

1) How does iodine deficiency affect the histology of the thyroid gland? What happened to the size of the colloid? Explain. 2) How would iodine deficiency affect the levels of the following? Use up...

Q:

Dr. Z is conducting research on ADHD and is requiring members of his psychology class to participate. as part of the study student are learning to control their brain activity by using feedback...

Q:

An important claim about \ alpha \ beta pruning states that with good ordering of nodes search depth can be doubled. Imagine that there is an oracle which always picks the best branch for expansion,...

Q:

Which would not be reported as a component of net position of an enterprise fund? 1. Unrestricted net position. 2. Restricted net position. 3. Net investment in capital assets. 4. Designated net...

Q:

Fines and forfeitures are an example of which category of nonexchange transactions? 1. Derived tax revenue. 2. Imposed nonexchange revenue. 3. Government-mandated nonexchange revenue. 4. Voluntary...

Q:

A city levies property taxes of $100,000, 1% of which is expected to prove uncollectible. How should the city record this transaction? 1. Revenues of $99,000 and no expenditures or other financing...