The applications of analytics are not just limited to business but extend to a wide-array of human activity. This is true.
<h3>How to illustrate the information?</h3>
Discovering, understanding, and communicating meaningful patterns in data is the process of analytics. Simply put, analytics enables us to recognize insights and valuable data that we might not otherwise notice.
Analytics combines data and arithmetic to make predictions about the future, identify relationships, and automate decision-making.
Therefore, based on the information, th
he applications of analytics are not just limited to business but extend to a wide-array of human activity. This is true.
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Answer:
The budgeted cash payments for the second quarter are $225000
Explanation:
The cash payments in the second quarter will comprise of cash purchases for the second quarter which are 35% of purchases for the second quarter along with 65% of payments due for purchases of the first quarter.
The cash payment budgetedn for the second quarter is,
Cash payment = 0.35 * 264000 + 0.65 * 204000 = $225000
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Discrimination is not applied at the concession stands because there can be exchange of the product from children, who'd buy it at a lower price, to adults.