Question: Prescriptive analytics describes what has already happened or what is currently happening and helps organizations detect patterns in data. uses observations and patterns detected to

Prescriptive analytics
describes what has already happened or what is currently happening and helps organizations detect patterns in data.
uses observations and patterns detected to shape future decisions.
attempts to make sense of the observations and/or patterns detected.
involves understanding the outputs of observations and patterns and finding different ways to reach those desired outcomes.
Prescriptive analytics describes what has already

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 Accounting Questions!

Q:

contributed articles DOI:10.1145/ 2602574 How to use, and influence, consumer social communications to improve business performance, reputation, and profit. BY WEIGUO FAN AND MICHAEL D. GORDON The...

Q:

contributed articles DOI:10.1145/ 2602574 How to use, and influence, consumer social communications to improve business performance, reputation, and profit. BY WEIGUO FAN AND MICHAEL D. GORDON The...

Q:

I want you to summerize these 7 items. !Please be different from other answers! !Please get a little quick! Thanks. You should summarize the 7 items in the photo. Max 125 words! reading 1....

Q:

You should summarize the 7 items in the photos. Max.250 words! !Different answer another chegg answer please! 1. Introduction currently missing from the literature (Trioman et al. 2010: De mirkan and...

Q:

Academy ol Management Executive. 2005, Vol. 19, No. 4 Reprinted Irom 1999, Vol, 13. No. 1 Achieving and maintaining strategic competitiveness in the * century: The role of strategic leadership R....

Q:

What is a great reflection for the reference article listed below? Reference article: Artificial Intelligence for the Real World Don't start with moon shots. In 2013, the MD Anderson Cancer Center...

Q:

ARTICLE 2. RESISTERS AT WORK: GENERATING PRODUCTIVE RESISTANCE IN THE WORKPLACE. Introduction Resistance has had a checkered career. In the popular imagination, after the experiences of various...

Q:

Confirming Pages C H A P T E R 19 Analyzing Information and Writing Reports Chapter Outline Using Your Time Efficiently Analyzing Data and Information for Reports Identifying the Source of the Data...

Q:

Theme one is about the greatest skill a leader can possess that is the art of communication. This week's theme is to discuss the importance of communication which at its heart is the art of...

Q:

This paper should include 3-5 pages of content with an additional cover and reference page. This is a total of 5-7 pages. Please be aware that a properly formatted page will include approximately 350...

Q:

Carry out an F test for a linear relationship in problem 1013. Compare your results with those of the t test. In problem Recently, research efforts have focused on the problem of predicting a...

Q:

Explain the differences in the degree to which the following scheduling algorithms discriminate in favor of short processes: a. FCFS b. RR c. Multilevel feedback queues

Q:

2 a A company is developing a new games console. The console games will be stored on a ROM chip once the program to run the new game has been fully tested and developed. i Give two advantages of...

Q:

Determine the major differences between U.S. GAAP and IFRS disclosure reporting requirements related to each separately reportable operating segment. Next, give your opinion as to whether either U.S....