Question: QUESTION 3 Analytics can be characterized as descriptive, predictive or prescriptive. A retail clothing store is analyzing historical data about items that customers purchased and

QUESTION 3

  1. Analytics can be characterized as descriptive, predictive or prescriptive. A retail clothing store is analyzing historical data about items that customers purchased and how much customers spent last quarter. This would be characterized as _____ analytics.

    descriptive

    predictive

    prescriptive

    NA

2 points

QUESTION 4

  1. Analytics can be characterized as descriptive, predictive or prescriptive. A bank is examining the payment patterns and credit history of a loan applicant to help determine the likelihood that the loan applicant will default on a future loan. This would be characterized as _____ analytics.

    descriptive

    predictive

    prescriptive

    NA

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