Question: How should companies balance human intuition with machine - driven analytics when making business decisions? The article presents three approaches ( descriptive , predictive, and
How should companies balance human intuition with machinedriven analytics when making business decisions? The article presents three approaches descriptive predictive, and prescriptive but what are the risks and benefits of relying too heavily on either human judgment or automated systems?
With the Prescriptive Analytics Approach machines make decisions off the managersusers defined goals. How can the user defining goals create errors in the analysis? Why could one argue that the Prescriptive Analytics Approach is the best of the three models?
The author mentioned how descriptive and predictive analytics mostly are relying only on machines with managers not putting in the effort and being subjected to the same kind of biases Is this true? Do both produce suboptimal results like the author mentioned?
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