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harkovskaia [24]
1 year ago
13

what type of analytics takes past purchasing data as inputs into a model that recommends the best pricing strategy across all fl

ights allowing an airl
Business
1 answer:
WINSTONCH [101]1 year ago
7 0

prescriptive analytics is the  answer .

What is prescriptive analytics ?

The technique of analyzing data to decide on the best course of action is known as prescriptive analytics. This kind of analysis results in suggestions for the following stages by taking into account all pertinent aspects. Prescriptive analytics is a useful tool for data-driven decision-making as a result.

Prescriptive analytics frequently use machine-learning algorithms to process enormous volumes of data more quickly—and frequently more effectively—than people. Algorithms search through data and offer suggestions depending on a particular set of requirements using "if" and "else" expressions. For instance, the algorithm may suggest extra training if at least 50% of customers in a dataset indicated that they were "extremely dissatisfied" with your customer support staff.

to learn more about  Prescriptive analytics click :

brainly.com/question/28151052

#SPJ4

You might be interested in
Which statement best describes the u.s. framework for taxing multinational transactions? the u.s. government applies source-base
lyudmila [28]

Most likely it is:the u.s. government applies source-based taxation to income earned by u.s. persons and residence-based taxation to income earned by non-u.s. person/ persons
Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
3 0
3 years ago
Consider two stocks X and Y with the following expected returns (in percent) and standard deviations. How much of your $10,000 t
charle [14.2K]

X $4000

Y $6000

Explanation:

Let w be invested in Stock X,

Correlation = -1

Standard Deviation = w(0.75) - (10,000 - w)(0.50)

So,

For standard Deviation to be 0,

0 = 0.75w - 5,000 + 0.50w

w = $4,000

Amount invested in Stock X = $4,000

Amount invested in Stock Y = $6,000

8 0
3 years ago
Which is true of​ price-setters? A. Their pricing approach emphasizes target costing. B. Their pricing approach emphasizes​ cost
olchik [2.2K]

Answer:

Option "B" is the correct answer to the following question.

Explanation:

Price-setters is a community or individual, who set a fair price for a particular commodity or product, these types of Individual or community has a higher quality of goods or product that gave him the ability to set his prices.

Other firms are called price taker who depend on the market price

Price-setters firms use a pricing approach.

5 0
4 years ago
You sell Apples and Banana. You are considering selling them together and separately. You have three types of buyers, Banana lov
Natasha2012 [34]

Answer:

Apples and Banana

a) Profit maximizing prices:

i) For Apple = $100

ii) For Banana = $40

b) Profits equal revenue minus costs:

i) For Apple = $100Q - (20 + 10Q) = $60Q

ii) For Banana = $40 - (26.5 + 5Q) = $8.50Q

c) To maximize profit, the price to charge is $100 for Apples and $40 for Banana.

d) I would expect to earn a profit of  $68.50 for a set of apple and banana.

Explanation:

To maximize profit, Apple and Banana will be sold separately.

But, selling them together, the best profit maximizing prices will be $100 for Apples and $10 for Banana.

At this combined price, the banana still makes a contribution of $5 per unit towards offsetting the fixed cost of $26.50

7 0
4 years ago
Poulter Corporation will pay a dividend of $3.25 per share next year. The company pledges to increase its dividend by 5.1 percen
andriy [413]

Answer:

Price of stock = $55.08

Explanation:

The price of a stock is the present value of the future dividends discounted at the required rate of return.

P = D/(r-g)

<em>P-price of stock today, D- Dividend in year's time, r- required rate of return,</em>

<em>g- growth rate in dividend</em>

Using the following parameters:

P =?, r- 11%, g- 5.1%

P = 3.25/(0.11-0.051)

P = 55.08474576

Price of stock = $55.08

5 0
4 years ago
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