BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Prescriptive
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Diagnostic
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Pre-emptive
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Descriptive
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Detailed explanation-1: -The four most popular types of business analytics are descriptive, diagnostic, predictive, and prescriptive.
Detailed explanation-2: -Correct Option is Quantitative Analytics E…
Detailed explanation-3: -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.
Detailed explanation-4: -Answer: The example that is not related to predictive analytics is option C: Bar graphs. Explanation: Linear regression, time series analysis and forecasting, and data mining are all examples of predictive analytics, as they involve analyzing data to make predictions about future outcomes or trends.