_________ Analytics Are Techniques That Use Models, Constructed from Past

question 3

Multiple Choice

_________ analytics are techniques that use models, constructed from past data, to predict the future or to ascertain the impact of one variable on another.

• A)Predictive
• B)Descriptive
• C)Simulation
• D)Prescriptive

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing owner’s equity in the company.

Total Liabilities

The combined amount of obligations and debts a company owes to outside parties that must be repaid.

Total Assets

The sum of all resources owned by a company, valued at cost or market value on the balance sheet, representing the company's total owned resources.

IASB

International Accounting Standards Board, an independent organization that develops and approves International Financial Reporting Standards (IFRS).