Prescriptive Analytics Is Optimal for Taking Risk and Uncertainty into Account

question 66

True/False

Prescriptive analytics is optimal for taking risk and uncertainty into account by looking at the effects of future actions.

---

Definitions:

Subscribers

Individuals or entities that have agreed to receive services or communications, typically on a recurring basis.

Proportion

A statistical measure that refers to the fraction of the total that possesses a certain attribute or characteristic.

Mutually Exclusive

Two events that cannot happen at the same time, meaning the occurrence of one event excludes the occurrence of the other.

Independent Events

Two or more events that have no impact on the likelihood of each other's occurrence.