BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Business analytics is interdisciplinary involving
A
Mathematics
B
Statistics
C
Computers
D
Psychology
Explanation: 

Detailed explanation-1: -Business analytics as an interdisciplinary field of study includes methods, processes and software systems that extract insights from various forms of structured and unstructured organisational data to enable evidence-based decision making.

Detailed explanation-2: -Business analytics combines the fields of management, business and computer science. The business aspect entails both a high-level understanding of the business as well as the practical limitations that exist. The analytical part involves an understanding of data, statistics and computer science.

Detailed explanation-3: -Business analytics focuses on data, statistical analysis and reporting to help investigate and analyze business performance, provide insights, and drive recommendations to improve performance.

Detailed explanation-4: -Business Analytics is study/analysis of human behavior (as Economics is). Computer science includes engineering work (including instruction of computers by programs). The CS is partly constructive, Business Analytics is easier.

Detailed explanation-5: -With automated machine learning, business analysts have the power to conquer machine learning and AI. He has over 25 years of experience marketing high-tech enterprise products in the data management, analytics, and SaaS spaces.

There is 1 question to complete.