Predictive Analytics

question 33

Multiple Choice

Predictive analytics:

• A) summarizes data into meaningful charts and reports that can be standardized or customized.
• B) identifies the best alternatives to minimize or maximize an objective.
• C) uses data to determine a course of action to be executed in a given situation.
• D) detects patterns in historical data and extrapolates them forward in time.

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Definitions:

Reorganization Cases

Legal cases that involve restructuring a company's debts and operations with the goal of returning to profitability and viability.

Commencement

The act or moment when something begins or is initiated.

Bankruptcy Proceeding

A court procedure that allows people or entities that cannot pay their debts to get partial or total debt relief.

Discharged

The status of a debt having been paid or otherwise settled, or the termination of a legal duty or obligation.