Question: What distinguishes predictive analytics from explanatory statistical models? Question 1 Answer a . Predictive analytics test causal hypotheses b . It aims to make empirical

What distinguishes predictive analytics from explanatory statistical models?
Question 1Answer
a.
Predictive analytics test causal hypotheses
b.
It aims to make empirical predictions rather than theoretical ones
c.
It is retrospective in approach
d.
It focuses solely on descriptive data analysis

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!