C prescriptive analytics Study guides, Class notes & Summaries

1. For companies to attract and retain their best customers they need a com- plete portrait of who they are. To develop this portrait companies turn to... a. Statistics b. Analytics c. Management Science d. Histograms ANS : b 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? a. Descriptive Analytics b. Predictive Analytics c. Prescriptive Analytics d. Diagnostic Analytics A...

T or F:Decision support system are computer-based support systems that integrate individuals' expertise and computer capabilities, and they have precise definitions agreed to by practitioners. - correct answers False Business Intelligence (BI) - correct answers is an umbrella term that combines architectures, databases, analytical tools, applications, and methodologies T or F: Data is a collection of observations, experiments, and experiences that do not necessarily represent absolute fac...

Which of the following statement describes the key take away points of Analytics Applications in Healthcare - Humana Example 1? a) Humana's prevention efforts aim to treat all injuries after a fall more efficiently. b) As a strategy to enhance well-being of its members, Humana promotes increased utilization of physical therapy as a better alternative than investing in high-cost analytics. c) Using analytics can reduce healthcare costs by identifying subgroups of Humana members that are at ...

WPC 300 Exam 2 () || With 100% Accurate Solutions WPC 300 Exam 2 () || With 100% Accurate Solutions Which of the following statements is true? a - experimentation is a way of analytical thinking b - analytical thinking is not based on facts c - using intuition is a way of analytical thinking d - heuristic thinking is slow - ANSWER - a - experimentation is a way of analytical thinking __________ refers to a bias that causes an individual to value an owned object higher than its mar...

A variant is a CBP feature that strictly adheres to the standard CBP. - ️️a A(n) _____ is a sequence of activities that is intended to create a certain result. a. inventory b. process c. service d. variant - ️️process Which of the following is lowest in goods content and highest in service content? answer with letter a. Filling a medical prescription b. Attending a theater production c. Getting an oil change for your car d. Dining at a fast-food restaurant - ️️b W...

____________ ____________ answers the question: "Why did it happen? Diagnostic analytics ____________ ____________ answers the question: "What happened? Descriptive analytics ____________ ____________ answers the question: "What is likely to happen?" Predictive analytics ____________ ____________ answers the question: "What should be done?" Prescriptive analytics (a) A university publishes its graduation rate on its website. The graduation rate is 5% lower ...

WGU D204: The Data Analytics Journey Practice Exam Questions And Answers Latest Updated 2024/2025 | Scored A+. Data scientists are able to find ______, _________, and _____ in unstructured data. - Answer order, meaning, and value What is involved in the planning phase? - Answer 1. Defining goals 2. Organizing resources 3. Coordinate people 4. Schedule project What is involved in the wrangling phase? - Answer 5. Get data 6. Clean data 7. Explore data 8. Refine data What is involved in t...

1. For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... A) Statistics B) Analytics C) Management Science D) Histograms ANS : B 2. (Quiz 1) 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? A) Descriptive Analytics B) Predictive Analytics C) Prescriptive Analytics D) Diagnostic ...

For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... a. Statistics b. Analytics c. Management Science d. Histograms correct answer: b A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? a. Descriptive Analytics b. Predictive Analytics c. Prescriptive Analytics d. Diagnostic ...

WGU C207 Data Driven Decision Making Quizzes Exam Questions And Answers (Quiz 1) 1. For companies to attract and retain their best customers they need a complete portrait of who they are. To develop this portrait companies turn to... A) Statistics B) Analytics C) Management Science D) Histograms B (Quiz 1) 2. A manufacturer wants to maximize their factory output while specifically minimizing labor costs. What type of analytics might they employ to achieve this goal? A) Descript...