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Science-Related Homework Help Statistics and Probability Topic started by: pweller2017 on Mar 10, 2018



Title: Which of the following analytical techniques helps us arrive at the best decision?
Post by: pweller2017 on Mar 10, 2018
Which of the following analytical techniques helps us arrive at the best decision?
 a. Predictive analytics b. Data mining
  c. Prescriptive analytics d. Descriptive analytics

Q. 2

____________________ are used in the pharmaceutical industry to assess the risk of introducing a new drug.
 a. Data dashboards b. Charts
  c. Spreadsheet models d. Simulations

Q. 3

A retail store owner offers a discount on product A and predicts that the customers would purchase products B and C in addition to product A. Identify the technique used to make such a prediction.
 a. Data query b. Simulation
  c. Data mining d. Data dashboards

Q. 4

Which one of the following is used in predictive analytics?
 a. Data dashboard b. Linear regression
  c. Data visualization d. Optimization model

Q. 5

A forecast that helps direct police officers to areas where crimes are likely to occur based on past data is an example of
 a. predictive analytics. b. decision analysis.
  c. prescriptive analytics. d. descriptive analytics.


Title: Which of the following analytical techniques helps us arrive at the best decision?
Post by: kreynoldsssss on Mar 10, 2018
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Title: Which of the following analytical techniques helps us arrive at the best decision?
Post by: pweller2017 on Mar 10, 2018
Thank you for your assistance, again and again


Title: Which of the following analytical techniques helps us arrive at the best decision?
Post by: kreynoldsssss on Mar 10, 2018
My pleasure