The type of analytics that tries to answer how can we make it happen isQuestion 32Answera.Prescriptive Analyticsb.Descriptive Analyticsc.Predictive Analyticsd.Diagnostics Analytics
Question
The type of analytics that tries to answer how can we make it happen isQuestion 32Answera.Prescriptive Analyticsb.Descriptive Analyticsc.Predictive Analyticsd.Diagnostics Analytics
Solution
The type of analytics that tries to answer "how can we make it happen" is a. Prescriptive Analytics.
Prescriptive Analytics is a type of data analytics that uses data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data. It's all about providing advice. Prescriptive analytics not only anticipates what will happen and when it will happen, but also why it will happen. Further, prescriptive analytics suggests decision options on how to take advantage of a future opportunity or mitigate a future risk and shows the implication of each decision option. Prescriptive analytics can continually take in new data to re-predict and re-prescribe, thus automatically improving prediction accuracy and prescribing better decision options.
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