Predictive Analytics Is Used by Organizations To

question 15

Multiple Choice

Predictive analytics is used by organizations to:

• A) analyze business policies through visual representations.
• B) identify the best decisions for a particular situation.
• C) understand past and current performance.
• D) envisage the future by detecting patterns and relationships in data.

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Definitions:

Sensory Adaptation

The process by which a person becomes less sensitive to a stimulus after prolonged exposure.

Signal Detector

A device or system designed to detect the presence of, or changes in, physical or other indicators, often used in the context of safety or communication systems.

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli over time.

Difference Threshold

The minimum difference in stimulation that a person can detect 50% of the time, also known as the just noticeable difference.