Asked by Eddie Pinto on May 01, 2024
Verified
The type of analytics whose models yield a best course of action to take is _____ analytics.
A) descriptive
B) prescriptive
C) predictive
D) inferential
Prescriptive Analytics
The aspect of data analytics that focuses on finding the best course of action for a given situation.
Type of Analytics
Refers to the various approaches of analyzing data, such as descriptive, diagnostic, predictive, and prescriptive analytics.
Models
Simplified representations of complex realities to predict or analyze behaviors and events.
- Gain an understanding of the assortment of analytic types and their particular implementations in data analysis tasks.
Verified Answer
SW
Shawn WilliamsMay 04, 2024
Final Answer :
B
Explanation :
Prescriptive analytics provides a best course of action to take based on the results of descriptive and predictive analytics. Descriptive analytics involves examining past data to understand what happened, while predictive analytics uses data to make predictions about what will happen in the future. Inferential analytics involves drawing conclusions about a population based on a sample, but it does not necessarily provide a best course of action.
Learning Objectives
- Gain an understanding of the assortment of analytic types and their particular implementations in data analysis tasks.