BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -4) Prescriptive Analytics: It is a type of predictive analytics that is used to recommend one or more course of action on analyzing the data.

Detailed explanation-2: -Types of Predictive Analytical Models There are three common techniques used in predictive analytics: Decision trees, neural networks, and regression.

Detailed explanation-3: -There are three types of predictive analytics techniques: predictive models, descriptive models, and decision models.

Detailed explanation-4: -The 4 Types of Data Analytics Prescriptive analytics builds upon the three other types of data analytics which describe the present and make predictions about the future. It then uses heuristics, machine learning and rule-based systems to make specific recommendations based on data and probability-weighted projections.

Detailed explanation-5: -There are three types of analytics that businesses use to drive their decision making; descriptive analytics, which tell us what has already happened; predictive analytics, which show us what could happen, and finally, prescriptive analytics, which inform us what should happen in the future.