Question: What are descriptive analytics? Techniques that describe past performance and history. The scientific process of transforming data into insight for making better decisions. Techniques that

What are descriptive analytics?
Techniques that describe past performance and history.
The scientific process of transforming data into insight for making better decisions.
Techniques that create models indicating the best decision to make or course of action
to take.
Techniques that extract information from data and use it to predict future trends and
identify behavioral patterns.
What are descriptive analytics? Techniques that describe past performance and history.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
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 General Management Questions!

Q:

What are descriptive analytics? Techniques that describe past performance and history. The scientific process of transforming data into insight for making better decisions. Techniques that create...

Q:

Prescriptive Analytics 5 Predictive Analytics Match each of the options above to the items below. The science of fact - based decision making Uses techniques that describe past performance and...

Q:

Match each of the options above to the items below. The science of fact - based decision making Uses techniques that describe past performance and history The scientific process of transforming data...

Q:

The goal of this activity is to test your knowledge of the terms associated with analytics. Instructions: Match each term to its correct definition. Descriptive 2 Analytics 3 Prescriptive 4...

Q:

1 Predictive Analytics 2 Business Analytics Descriptive 4 Analytics 5 Prescriptive Analytics Match each of the options above to the items below. The science of fact - based decision making Uses...

Q:

Categorizing Analytics The goal of this activity is to test your knowledge of the terms associated with analytics. Instructions: Match each term to its correct definition. 1 Descriptive Prescriptive...

Q:

Categorizing Analytics The goal of this activity is to test your knowledge of the terms associated with analytics. Instructions: Match each term to its correct definition. 1 Descriptive Prescriptive...

Q:

1 Business Analytics 2 Descriptive 3 Predictive Analytics 5 Analytics Match each of the options above to the items below. The science of fact - based decision making Uses techniques that describe...

Q:

Which category of analytics will knowledge workers use to perform their jobs? Multiple Choice Descriptive analytics techniques that describe past performance and history. Predictive analytics...

Q:

What are predictive analytics? Group of answer choices Techniques that extract information from data and use it to predict future trends and identify behavioral patterns. Techniques that create...

Q:

Nathan is 24 years old and works as an accountant in a salmon cannery in Alaska. His total wages for 2021 were $62,000. Federal income tax of $6,500 was withheld from his wages. His only other income...

Q:

Consider the absorption coefficient of Silicon as a function of wavelength, as shown in the following table: (nm) 600 650 700 750 800 a, (cm-) 4.410 2.910 2.010 1.410 0.9710 (nm) 850 900 950 1000...

Q:

Mead, CPA, had substantial doubt about Tech Co.'s ability to continue as a going concern when reporting on Tech's audited financial statements for the year ended June 30, Year 1. That doubt has been...

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...