Define Predictive analytics?

Q: What is the equally likely decision model? Explain briefly plz

A: Many times a manager won't be especially worried about risk in a choice, yet might want to settle on…

Q: rategy analysis

A: Strategy: Strategy is a way or a plan of achieving any goal or aim. The strategy reflects the…

Q: What are dynamic decision models, and how do they work

A: Our environment is dynamic in nature and the business has to make adjustments in its decision making…

Q: Define Secondary data?

A: Market Research is the active acquisition and interpretation of information about persons or…

Q: What is Attribute measurement?

A: Attribute tests can vary from quantitative GO / NOGO gauges to reasonably arbitrary tests of…

Q: puterised statistical processe

A: Traditionally producers have well-known that each product has to have tolerance limits due to the…

Q: What are the four types of correlation?

A: Correlation is a concept and statistical measure which is highly used in marketing research for…

Q: Define business analytics (BA)

A: Business Analytics (BA) is defined as the study of data and the statistical and operations analysis,…

Q: Compose a short text about qualitative data analysis.

A: Data analysis is described as a process of processing raw data, changing and cleaning raw data,…

Q: What is involved in the conditions analysis phaseof market analysis in Figure 1–1?

A: Marketing Analysis consist of Company, Competitors, Conditions and Consumers.

Q: Define statistical database.

A: Statistical research is used extensively in organizations so that past performance can be used to…

Q: Seven steps in hypothesis with any real world scenario related to clothing

A: the hypothesis is a clear and predictive statement about any research outcome. Types of hypothesis :…

Q: based on your understanding discuss the effect of covid-19 on management science's research in…

A: The COVID-19 pandemic has influenced many science, space and technology institutions and government…

Q: Define the following: Open – ended questions Closed questions Qualitative observational tests

A: Questions are anything asked by a person seeking a response from another. It may be a query, doubt…

Q: Identify and explain 3 advantages and 3 disadvantages of business analytics.

A: Introduction Business analytics is the study of skills, innovations, and techniques for the…

Q: Define Extended problem solving?

A: Every customer will try to purchase the best item for him. Depending on the product every customer…

Q: 3 Issues in Business Analytics that has concerns to Ethics

A: Business analytics are widely used in management as business intelligence. This is because executive…

Q: What are marketing analytics?

A: The techniques as well as tools that enable retailers can assess the success of their marketing…

Q: Explain Causal research?

A: The reason for researching a company is to gather information about current customers and potential…

Q: Subject: Entreprenuership Need market intelligence report of online tutor academey?

A: Online tutoring is the process of tutoring in an online, virtual, or networked, environment, in…

Q: What is marketing intelligence system? Explain how it differs from internal data? What are the…

A: Consists of people, procedures and systems to collect, analyze and distribute the information needed…

Q: Living wage Case study on nestle

A: Introduction: Nestle is the known as one of the largest food and beverage companies which is based…

Q: Explain the term customer insights?

A: Today’s marketers have the world as their marketing hub. It is a great place to present and sell…

Q: the next logical step in any

A: Predictive analytics employs data mining, statistical modelling, and machine learning to create…

Q: Explain the Characteristics of hypothesis

A: A hypothesis refers to the statement that predicts precisely what is expected to happen in the…

Q: role of Analytics?

A: The role of analytics is quite essential for the success of the organisation. Analysing the data…

Q: Buying Perfumes is an example of ______. a. Dissonance reducing buying behavior b. Habitual buying…

A: Buying perfumes is a regular process and it comes under the category of habitual buying behaviour.

Q: What are marketing analytics, and what kinds of insights are enabled by today’s marketing analytics…

A: All the companies have a wealth of data which is available at their fingertips. This data provides…

Q: This is pharmaceutical company. I want SWOT analysis

A: SWOT analysis assesses and identifies weaknesses, strengths, opportunities and well as thereat a…

Q: What is the importance of quantification in stating key factors and how could factors be quantified?

A: Importance of Quantification: Quantification is a process of giving a value in numerical to…

Q: What is meant by bounded rationality?

A: It is a new age concept of behavioural economics

Q: What is the difference between descriptive statistics and inferential statistics?

A: In a nutshell, descriptive statistics focus on describing the visible characteristics of a dataset…

Q: Explain the major difference between statistical and nonstatisticalsampling?

A: The Difference between statistical and nonstatistical sampling as follows:

Q: How might airlines and hotels be able to determineand utilize decision timing in their online…

A: Digital marketing is a type of online marketing where the company promotes the products in way of…

Q: Explain the major difference between statistical and nonstatisticalsampling.

A: The sample items are selected at random such that each sampling unit has a known probability to be…

Q: Discuss 3 techniques for increasing model validity and credibility

A: Techniques for increasing model validity and credibility are - 1.Formulating the matter exactly It…

Q: What are the benefits of using NDT?

A: Disclaimer: Since you have asked multiple question, so we will solve the first question for you. If…

Q: Provide a definition of business intelligence (BI).

A: Business Intelligence is a set of processes that combines business analytics, data visualization and…

Q: What is Seasonal variations?

A: Forecasting is the process of identifying the demand accurately for future production planning and…