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Which type of analytics has a model that yields a best course of action to take?Prescriptive analytics is the process of using data to determine an optimal course of action. By considering all relevant factors, this type of analysis yields recommendations for next steps.
What are prescriptive analytics quizlet use techniques?Prescriptive analytics is a set of techniques that use descriptive data and forecasts to identify the decisions most likely to result in the best performance. Usually, an organization uses prescriptive analytics to identify the decisions or actions that will optimize the performance of a system.
What is the scientific process of transforming data into insight for making better decisions?"INFORMS defines analytics as the scientific process of transforming data into insight for making better decisions.
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