Which one of the following is used in predictive analytics?
a. Data visualization b. Linear regression c. Data dashboard d. Optimization model QUESTION 2
A retail store owner offers a discount on product A and predicts that the customers would purchase products B and C in addition to product A. Identify the technique used to make such a prediction
a. Data query b. Data dashboards
c. Data mining d. Simulation QUESTION 3 A decision is concerned with how the organization should achieve the goals and objectives set by its strategy. a intuitive
b. tactical strategic d. operational QUESTION 4 Which statement is true about mutually exclusive events? a. None of these are correct. b. If events A and B cannot occur at the same time, they are called trutually exclusive. c. P(A) + P(B) = 1 for any events A and B that are mutually exclusive
d. If either event A or event 8 must occur, they are called mutually exclusive.