Business Anaytics

---------------------is the discovery and communication of meaningful patterns of data and that to business‐related problems.

What is correct about Business Analytics

• It is the scientific process of transforming data into insight for making better decisions

• None of these

• is the extensive use of data, statistical and quantitative analysis, explanatory and predictive models, and fact‐based management to drive decisions and actions

• Both of these

BA is the Use of

• data

• information technology,

• statistical analysis,

• quantitative methods

Applications of BA

• Financial Management

• E commerce

• Social Media

• Books

Which is not the type of Business Analytics

• Predictive

• Analytical

• Prescriptive

• Descriptive

---------------- such as reporting/OLAP, dashboards, and data visualization, have been widely used for some time.

__________ Often Referred as Advanced Analytics

Use of MACHINE Learning Algorithms is done in which Analytics_____________

• Predictive

• Prescriptive

• Descriptive

• None