Question: Imagine that you are implementing predictive analytics in the tourism industry. You use various techniques such as statistical modeling, data mining, and machine learning for
Imagine that you are implementing predictive analytics in the tourism industry. You use various techniques such as statistical modeling, data mining, and machine learning for predictions. Select the option that best represents the application of statistical modeling in predictive analytics. 1 point You ensure that models to forecast hotel occupancy rates are set up to update themselves automatically when new data is available. You use techniques to uncover hidden patterns, such as tourist behavior based on their demographics. You use techniques to uncover hidden patterns, such as increased bookings for offbeat destinations. Using mathematical equations, you analyze data and identify patterns in tourist preferences. 7. Question 7 Imagine
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