Question

An organization is trying to determine if they should increase the production of their product. To help answer the question of how much their customers are likely to buy in the future, what type of analytics should this organization perform?

Answer 1

Answer: Predictive analytics

Explanation:

For the organization to have an estimate close to the exact amount of future purchase, the organization would need to conduct a predictive analytics. In predictive analytics, the past outcomes and present outcomes can be used to predict future outcomes.