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Kindly give all the correct answers with a Correct Explanation. Thank you. 1-The viability of business analytics is beca

Posted: Tue Nov 16, 2021 9:03 am
by answerhappygod
Kindly give all the correct answers with a Correct Explanation.
Thank you.
1-The viability of business analytics is because of:
Growth of hardware
Availability of new algorithms and methods
Economic development
Growth of hardware and algorithm availability
2-Data visualization and reports are normally used for:
Descriptive analytics
Prescriptive analytics
Predictive analytics
3-Decision making in business should be based on:
Tradition
Intuition
Rule of thumb
None of the above
4-Optimization algorithms are used in:
Descriptive analytics
Prescriptive analytic
Predictive analytics
5-Size of t-shirt (XL L M S) is data of type:
Nominal
Ordinal
Ratio
Interval