Descriptive Analytics

question 13

Multiple Choice

Descriptive analytics:

• A) can predict risk and find relationships in data not readily apparent with traditional analyses.
• B) helps companies classify their customers into segments to develop specific marketing campaigns.
• C) helps detect hidden patterns in large quantities of data to group data into sets to predict behavior.
• D) can use mathematical techniques with optimization to make decisions that take into account the uncertainty in the data.

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Definitions:

Consolidated Equity

The total equity of a parent company and its subsidiaries after intercompany balances and transactions have been eliminated.

Equity Method

An accounting technique used in consolidating financial statements whereby an investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the investee's net income or losses.

Voting Shares

Shares of a company's stock that grant the shareholder the right to vote on corporate matters.

Purchase

The acquisition of goods or services in exchange for money, contributing to a company's expenses.