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Guide, Answered (Verified Solution)WGU C207 Data-Driven Decision Making Exam
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---20October 20232023/2024A+
- Data-Driven Decision Making Exam 
Define analytics 
Turning information into knowledge and developing fact based strategies to gain a competitive edge. 
Descriptive/Diagnostic analytics 
Encompasses the set of techniques that describes what has happened in the past. 
Predictive analytics 
Consists of techniques that use models constructed from past data to predict the future or ascertain the impact of one variable on another. 
Prescriptive analytics 
Decision models that indicate the best cours...
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