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Author Question: In the financial sector, ___________________________ are used to construct financial instruments ... (Read 125 times)

jwb375

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on: Jun 24, 2018
In the financial sector, ___________________ ________ are used to construct financial instruments such as derivatives.
 a. descriptive and prescriptive models b. predictive models
  c. descriptive models d. prescriptive models

Question 2

Advanced analytics generally refers to
 a. descriptive and prescriptive analytics. b. simulation.
  c. predictive and prescriptive analytics. d. decision analysis.


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fraziera112

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Reply #1 on: Jun 24, 2018
Answer to Question 1

b
RATIONALE: Predictive models are used to forecast future financial performance and to construct financial instruments such as derivatives.

Answer to Question 2

c
RATIONALE: Predictive and prescriptive analytics are sometimes referred to as advanced analytics.


jwb375

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

kswal303

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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