Predictive Analytics Is Used for All of the Following Except

question 73

Multiple Choice

Predictive analytics is used for all of the following except

• A) anticipate customer response to price changes.
• B) identifying the most profitable customers.
• C) determining the best routes for product delivery.
• D) establishing consumer credit scores.

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Definitions:

Precision

Precision refers to the accuracy and exactness of an action, measurement, or expression.

Labeling Theory

is a concept in sociology that suggests the labels or definitions applied to individuals by society significantly influence their behavior and identity.

Deviance

Behaviors or actions that violate societal norms or expectations.

Objective Reality

The concept of things existing independently of one's perceptions or beliefs, accessible through empirical observation and not influenced by personal feelings.