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Author Question: Predictive and prescriptive analytics can also be referred to as ___________________. Fill in the ... (Read 112 times)

Medesa

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on: Jun 24, 2018
Predictive and prescriptive analytics can also be referred to as ___________________ .
 Fill in the blank(s) with correct word

Question 2

The use of probability and statistics to construct a computer model to study the impact of uncertainty on the decision at hand is called ___________________ __.
 Fill in the blank(s) with correct word


flannelavenger

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

advanced analytics

RATIONALE: Advanced analytics generally refers to predictive and prescriptive analytics.

Answer to Question 2

simulation
RATIONALE: Simulation is the use of probability and statistics to construct a computer model to study the impact of uncertainty on the decision at hand.


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Medesa

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Reply #2 on: Jun 24, 2018
Correct answers!


flannelavenger

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Reply #3 on: Jun 24, 2018
Great! Please up vote :D


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