The Three Major Types of Analytics Are: Descriptive, Predictive, and Prescriptive

question 27

True/False

The three major types of analytics are: descriptive, predictive, and prescriptive.

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Definitions:

Age Discrimination in Employment Act

A U.S. federal law that prohibits employment discrimination against individuals 40 years of age or older.

Seniority System

An employment system where decisions about promotion, pay, layoffs, and other working conditions are based on the length of time an employee has worked for an employer.

Equal Pay

The legal or ethical principle requiring that employees be paid the same wage for similar work regardless of gender, age, ethnicity, or other non-performance related factors.

Comparable Worth

The principle of equal pay for work of equal value, regardless of the gender or status of the worker.