BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Health Industry
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Travel and Tourism Industry
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Telecom Industry
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Retail Industry
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Detailed explanation-1: -Benefits of Healthcare Data Analytics Supporting clinical treatment decisions. Delivering real-time alerts to healthcare providers. Providing in-depth insight into a patient’s health and treatment. Improving the speed and accuracy of identifying disease risk in patients.
Detailed explanation-2: -The managers of healthcare facilities can effectively manage the treatment facilities and serve maximum possible patients with the help of data-driven strategic planning. Healthcare data analytics helps managers in making predictions regarding resource availability, treatment facilities, checkups, etc.
Detailed explanation-3: -Healthcare analytics refers to the use of vast amounts of collected data to provide organizations with actionable insights. These insights are developed through analytical disciplines to drive fact-based decision making. In turn, these decisions improve planning, management, measurement and learning.
Detailed explanation-4: -Excel. Microsoft Excel is the most common tool used for manipulating spreadsheets and building analyses. With decades of development behind it, Excel can support almost any standard analytics workflow and is extendable through its native programming language, Visual Basic.