100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Business Analytics CH 1 questions with correct answers $9.09   Add to cart
Quickly navigate to
Preview
  2.  
  3. Business Analytics
  4.  
  5. Business Analytics

Exam (elaborations)

Business Analytics CH 1 questions with correct answers
 5 views  0 purchase
  • Course
  • Business Analytics
  • Institution
  • Business Analytics

Business Analytics CH 1 questions with correct answers

Preview 1 out of 2  pages

Document information

  • August 26, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • business analytics ch 1 questions with correct ans

Written for

  • Business Analytics
  • Business Analytics

Seller

avatar-seller
Professorkaylee

Content preview

Business Analytics CH 1 questions with
correct answers.

Business Analytics ANS - A scientific process of transforming data into insight of decision making



Descriptive Analysis ANS - Set of techniques that describes what has happened in the past.



Examples:

Data-Inquires

Reports

basic what if spreadsheets



Data Query ANS - a request of information with certain characteristics from a data base



Data Dashboard ANS - collections of tables, charts, and maps



Data Mining ANS - using analysis to better understand patterns in a large data set



Predictive Analytics ANS - consisting of techniques that use models from the past to predict the future



Simulation ANS - a computer model that study's the level of uncertainty



Prescriptive Analytics ANS - showing the best course of action to take



Used in finance portfolios to determine the future investment yiled



Business analytics can be applied to ANS - financial, marketing, supply chain, sporting analytics, web
analytics and Government

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Professorkaylee. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.09. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79223 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.09
  • (0)
  Add to cart