C prescriptive analytics - Study guides, Class notes & Summaries

____________ ____________ answers the question: "Why did it happen? Diagnostic analytics ____________ ____________ answers the question: "What happened? Descriptive analytics ____________ ____________ answers the question: "What is likely to happen?" Predictive analytics ____________ ____________ answers the question: "What should be done?" Prescriptive analytics (a) A university publishes its graduation rate on its website. The graduation rate is 5% lower th...

Test Bank For Spreadsheet Modeling And Decision Analysis A Practical Introduction To Business Analytics 9th Edition Cliff Ragsdale | All Chapter 1-15 | Complete Latest Version 2024. Answers are at the end of each chapter chapter 1 Indicate whether the statement is true or false. 1. Because they simplify reality, models are generally not helpful in examining things that would be impossible to do in reality. a. True b. False 2. The proliferation of powerful PCs and the development of easy-...

For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... a. Statistics b. Analytics c. Management Science d. Histograms - b A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? a. Descriptive Analytics b. Predictive Analytics c. Prescriptive Analytics d. Diagnostic Analytics -c What type...

WGU C207 Data Driven Decision Making Exam New Questions 2024 with 100% Correct Answers | Verified | Latest Update | 100% Pass | Already Graded A+ (Quiz 1) 1. For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... A) Statistics B) Analytics C) Management Science D) Histograms B (Quiz 1) 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type ...

WGU C207 Module Quizzes Multi Choice Version Data-Driven Decision Making Exam Questions and Answers 100% Solved 2024 For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... a. Statistics b. Analytics c. Management Science d. Histograms - answerb A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve t...

WGU D204 The Data Analytics Journey: Practice Exam Questions And Answers Updated 2024/2025 | Scored A+. Data scientists are able to find ______, _________, and _____ in unstructured data. - Answer order, meaning, and value What is involved in the planning phase? - Answer 1. Defining goals 2. Organizing resources 3. Coordinate people 4. Schedule project What is involved in the wrangling phase? - Answer 5. Get data 6. Clean data 7. Explore data 8. Refine data What is involved in the Mode...

WGU C207 Module Quizzes Multi Choice Version Data-Driven Decision Making Exam Questions and Answers 100% Solved 2024 For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... a. Statistics b. Analytics c. Management Science d. Histograms - answerb A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve t...

Analytics is a broad term that refers to a variety of tools that inform managerial decisions. Which term can be used to describe managerial decisions? a. Prescriptive b. Predictive c. Pareto chart d. Biased - ACCURATE ANSWERS a What are two reasons for the increasing use of analytics in organizational decision making? a. Relatively lower cost of computer storage b. Lower availability of statistical experts c. Higher cost of obtaining data d. Higher computer processing power - ACC...

WGU D204 Data Analytics Journey Exam Questions and Answers 100% pass Data scientists are able to find ______, _________, and _____ in unstructured data. - Answer- order, meaning, and value What is involved in the planning phase? - Answer- 1. Defining goals 2. Organizing resources 3. Coordinate people 4. Schedule project What is involved in the wrangling phase? - Answer- 5. Get data 6. Clean data 7. Explore data 8. Refine data What is involved in the Modeling phase? - Answer- 9. Creat...

IMPORTANT PRACTICE TEST INFORMATION!!!! This may be even more helpful than this quizlet!!!! In mindtap go to the left-hand toolbar, select courses, and select this course. You should see a dashboard with the chapters on the left and your recent homework scores on the right. Then on chapter 1 click the down arrow to display all of the sub categories. You should see the last sub category it is chapter 1 review and assignments- click on this then click chapter 1 test prep. This will take yo...