Question: Which of the following statement about prescriptive analytics is correct? X Selected a. Answer: Prescriptive analytics is the use of data to understand past and

Which of the following statement about prescriptive analytics is correct? X

Which of the following statement about prescriptive analytics is correct? X Selected a. Answer: Prescriptive analytics is the use of data to understand past and current business performance and make informed decisions. Answers: a. Prescriptive analytics is the use of data to understand past and current business performance and make informed decisions. b. Prescriptive analytics is the use of optimization to identify the best alternatives to minimize or maximize some objectives. C. Prescriptive analytics is the use of past performance in an effort to predict the future by examining historical data, detecting patterns or relationships in these data, and then extrapolating these relationships forward in time. d. Linear programming is an example of prescriptive analytics model. Both b and d are correct. e

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