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Midterm Exam 2026 Attempt review.

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business analytics - The use of data, information technology, statistical analysis, quantitative methods, and mathematical or computer-based models to help managers gain improved insight about their business operations and make better, fact-based decisions. descriptive analytics - the use of data to understand past and current business performance and make informed decisions predictive analytics - predict the future by examining historical data, detecting patterns or relationships in these data, and then extrapolating these relationships forward in time. prescriptive analytics - identify the best alternatives to minimize or maximize some objective what techniques and tools are used for descriptive analytics? - Statistical measures such as means and standard deviations, probability distributions what techniques and tools are used for predictive analysis? - Decision analysis and decision trees Regression models Forecasting Simulation

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Midterm Exam 2026: Attempt
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Started on Monday, 19 April 2021, 8:08 AM
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Completed on Monday, 19 April 2021, 8:45 AM
Time taken 36 mins 7 secs
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