In the financial sector, ___________________________ are used to ...

[jwb375]

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.

[fraziera112]

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]

Excellent

[olderstudent]

Thanks for the timely response, appreciate it