BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
True
|
|
|
False
|
Detailed explanation-1: -The two main components of business analytics can be broken down further into four types of business analytics: descriptive, decision, predictive, and prescriptive. The most effective solutions typically rely on a combination of the four to provide a comprehensive analysis of data.
Detailed explanation-2: -Information technology makes it possible for the business leaders and decision makers to devise various business strategies based on economic theories. This is done with the flow of information to decision makers and employees throughout an organization.
Detailed explanation-3: -R and Python. R and Python are the two most popular programming languages utilized in the data analytics industry.
Detailed explanation-4: -Business intelligence (BI) is a technology-driven process for analyzing data and delivering actionable information that helps executives, managers and workers make informed business decisions.