Question

AMSCO networks plans to conduct a poll of viewers during the SuperBowl. They will conduct analysis to determine which area of the country they should target to maximize their retail broadband sales vs their business wifi sales. Which classification best describes this type of analysis?
a. Predictive Analytics
b. Descriptive Analytics
c. Prescriptive Analytics
d. Clustering

Answer 1

Answer:

C. Prescriptive Analytics

Explanation:

Predictive Analytics is the analysis that give us the information of what could happen based on the research/analysis carried out.

Descriptive Analytics is the analysis that give us the information of what has happened based on the research/analysis carried out.

Prescriptive Analysis is the analysis that tell us what we should do based on the research/analysis carried out.

Clustering involve grouping of data into group called clusters.

Answer 2

Answer:

c. Prescriptive Analytics

Explanation:

Data analytics is an important skill today in making business decisions. It requires the use of large data collections, to determine the output or narrate business events for better decision making. There are three types and stages of data analytics and they are descriptive, predictive and prescriptive analytics.

Descriptive analytics is the first stage of data analytics, it analyses historic data to describe the output relative to output values. Predictive uses the described output to give a certain futuristic output, while prescriptive analytics uses both predictive and descriptive analytics to prescribe the best solution or decision for maximum beneficial result.