QUESTION $1$

Descriptive analytics:

A$.$ can predict risk and find relationships in data not readily apparent with traditional analyses.

B$.$ helps detect hidden patterns in large quantities of data to group data into sets to predict behavior.

C$.$ can use mathematical techniques with optimization to make decisions that take into account the uncertainty in the data.

D$.$ helps companies classify their customers into segments to develop specific marketing campaigns.

QUESTION $2$

A manager at Gampco Inc. wishes to know the company's revenue and profit in its previous quarter. Which of the following business analytics will help the manager?

A$.$ descriptive analytics

B$.$ prescriptive analytics

C$.$ predictive analytics

D$.$ normative analytics

QUESTION $3$

Predictive analytics:

A$.$ identifies the best alternatives to minimize or maximize an objective.

B$.$ detects patterns in historical data and extrapolates them forward in time.

C$.$ uses data to determine a course of action to be executed in a given situation.

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