MISY5370-DATA MINING & PREDICTIVE ANALYTICS MIDTERM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS

MISY5370-DATA MINING & PREDICTIVE ANALYTICS MIDTERM ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS Strategic Decision - Answer -a decision that involves higher-level issues and that is concerned with the overall direction of the organization, defining the overarching goals and aspirations for the organization's future Tactical decision - Answer -a decision concerned with how the organization should achieve the goals and objectives set by its strategy Operational Decision - Answer -a decision concerned with how the organization is the run from day to day Business Analytics - Answer -the scientific process of transforming data into insight for making better decisions descriptive analytics - Answer -analytical tools that describe what has happened