Prescriptive analytics may use __________ as a tool to help perform the analysis.

Multiple Choice

• uncovering patterns

• finding outliers

• regression

• sensitivity analysis

All of the following are types of prescriptive analytics except:

Multiple Choice

• Goal-seek analysis

• Regression analysis

• Marginal analysis

• Cash flow analysis

__________ analytics identifies the best possible option given constraints or changing conditions.

Multiple Choice

• Predictive

• Descriptive

• Prescriptive

• Forecasting

Changes in consumer preferences, tax laws, interest rates, levels of risk, exchange rates, demand for employees and their expertise, etc. are all conditions a company regularly face. Predicting and addressing these changing conditions requires what kind of analytics?

Multiple Choice

• Descriptive

• Diagnostic

• Predictive

• Prescriptive

A series (such as monthly or annually) of fixed payments is called a(n) __________.

Multiple Choice

• annuity

• lump-sum payment

• sunk costs

• capital payment