BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What functions are not inside Business Analytics?
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Predictive Modeling
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Data Mining
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Dashboard
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Statistical Analysis
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Explanation:
Detailed explanation-1: -Business analytics (BA) is a set of disciplines and technologies for solving business problems using data analysis, statistical models and other quantitative methods. It involves an iterative, methodical exploration of an organization’s data, with an emphasis on statistical analysis, to drive decision-making.
Detailed explanation-2: -At a fundamental level, business dashboards surface your key performance indicators and give an at-a-glance view of how your company is doing. It shows you if your initiatives are working, whether or not you’re on track to reach your goals, and if your business is heading in the right direction.
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