Question: The management at Gellar Corp. is compiling data for their analytics team. Gellar is a factory that produces candy gummy bears, and is very interested
The management at Gellar Corp. is compiling data for their analytics team. Gellar is a factory that produces candy gummy bears, and is very interested in what changes in the next few years will reduce costs. Which of the following type of data analytics will be the most useful for this purpose, and why?
Select answer from the options below
Prescriptive analytics because management wants to use historical data to see how changes would impact future performance.
Predictive analytics because management wants to use historical data to make changes in the future.
Diagnostic analytics because management wants to look at historical data in precise detail.
Descriptive analytics because management wants to look at historical data in precise detail.
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