Author Question: Database applications are not very disk intensive. Indicate whether the statement is true or ... (Read 44 times)

sammy

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Database applications are not very disk intensive.
 
  Indicate whether the statement is true or false

Question 2

Analytics are typically divided into three major categories (i.e. descriptive analytics). Describe each category and provide an example question that each category would address.
 
  What will be an ideal response?


jharrington11

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Answer to Question 1

FALSE

Answer to Question 2

Analytics are divided into descriptive, predictive, and prescriptive. Descriptive addresses questions like what happened to our sales last month. The focus is on describing the past through reporting, data visualization, and dashboards. Predictive analytics address what will our sales likely be next month. Statistical models use past and current events to predict the future. Finally, prescriptive analytics addresses questions such as what needs to change to improve sales of our worst selling product. Simulation tools are often used to better understand relationships and dependencies among variables of interest.



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