Question: Quantitative methods can be used in descriptive analytics by: Select one: a. forecasting future outcomes. b. Consolidation of historical data O c. finding hidden

Quantitative methods can be used in descriptive analytics by: Select one: a. forecasting future outcomes. b. Consolidation of historical data O c. finding hidden associations. d. Optimizing different methods.

Step by Step Solution

★★★★★

3.45 Rating (158 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Solution The correct answer is c finding hidden association... View full answer

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!

A factor of production that can be used in any sector of an economy is a(an)?

What methods can be used to forecast future spot rates of exchange?

Optimization methods can be used to fit equations to data. Parameter estimation involves the computation of unknown parameters that minimize the squared error between data and the proposed...

Descriptive statistics allow the researcher to begin making inferences about the hypothesis based on the data collected Select one: True False Question 2 Complete Marked out of 2.00 Flag question...

What is the primary goal of descriptive analytics? Question 23Answer a. a) Predict future outcomes b. b) Optimize decision-making c. c) Summarize and interpret historical data d. d) Identify...

is convergent. Select one: O True O False If {an } and {on } are divergent, then { an by } is divergent. Select one: O True O False The Ratio Test can be used to determine whether _ _ converges....

MVIV Alpha's $20 $10 Price Policy C D $10 $15 Low $30 $15 Refer to the diagram, where the numerical data show profits in millions of dollars. Beta's profits are shown in the northeast corner and...

Can you please answer these multiple choice question below? thank you 1. The employee who produces an original work in the course of employment does not have copyright in the work but has moral...

Which of the following statements is false? i Qualitative information is not relevant for planning purposes. ii Production costs are important for planning purposes, but selling and administration...

Cobb-Douglas function can be used to present an Isoquant. Select one: True False

s(2)=(2)^(2)+2+-4. what is the average rate of change over the interval 2 to 4?

W A planar wall (kw = 10- mK' , Lw = 0.5 m) is insulated on one side (q(0) = 0), with a known temperature on both sides (T(0) = 200C, T(L) = 50C). You know that the temperature profile is as follows:...

A county government hires lawyers to defend itself in lawsuits. The local government provides its legal staff with an office building. The table below shows how many cases can be handled with...

We are at the halfway point of this course and nearly through your time with SDI. It is the perfect time to pause and reflect. Reflect upon the learning experiences you have had so far in your SDI...

You are a project manager at Unisa Mining Solutions (UMS) and you are in a fairly good mood. Your firm develops systems to help miming firms reduce their exploration costs, and you have just returned...

For the following data, draw (by hand) the histograms for X1 and X2 and the scatterplot for X1 versus X2. Which variable(s) do think is (are) normal? Explain. X1 X2 3.9 2.5 2.7 5.1 3.4 5.6 3.3 7 3.4...

You are working on wealth planning techniques with an elderly client whose health is beginning to deteriorate. The client will soon be entering a nursing home and knows they will eventually run out...

I frequently use NY Times and CNN and am aware of Fox News but I never use it. I visit these sites, NY Times and CNN, a few times a week whenever I have to research something or see something on...

Samples of emissions from three suppliers are classified for conformance to air-quality specifications. The results from 100 samples are summarized as follows: Conforms Yes No 1 22 8 Supplier 2 25 5...

Show that, for the simple linear regression model, the following statements are true: (a) ( - ) = 0 (b) (y-x = 0 (e) =5

Consider the endothermic reactions in Exercise 3-32 Assume that independent reactions are conducted (a) What is the probability that the first reaction to result in a final temperature less than 272...

7. What kinds of sounds most strongly activate the auditory cortex?

2. Th e text explains how we might distinguish loudness for low-frequency sounds. How might we distinguish loudness for a high-frequency tone?

9. Which method of sound localization is more eff ective for an animal with a small head? Which is more eff ective for an animal with a large head? Why?