Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Question
q25-
Which data analytics type focuses on answering the question “How many computer monitors should we prepare for the next year-end sales?”
Select one:
a.
Prescriptive analytics
b.
Predictive analytics
c.
Descriptive analytics
d.
Diagnostic analytics
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- 17 Gradual upward or downward movement of data over time is called: Select one: a. a trend. b. seasonality. c. exponential variation. d. a cycle. e. random variation.arrow_forwardWhich business research approach analyzes continuous data when the data are non-normal? Group of answer choices a. Binary Logistic Regression b. Non-parametric Tests c. ANOVA d. Regression e. Chi-square Contingency Tablesarrow_forwardProvide an explanation for the operation of predictive analytics and a scenario in which it might be useful.arrow_forward
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