Examlex
A professor wishes to develop a numerical method for giving grades. He intends to base the grade on homework, two midterms, a project, and a final examination. He wishes the final exam to have the largest influence on the grade. He wants the project to have 10%, each midterm to have 20%, and the homework to have 10% of the influence of the semester grade. Determine the weights the professor should use to produce a weighted average for grading purposes.
Organization's Data
Represents the collective information, records, and operational datasets owned or used by a business or institution for decision making and operations.
Prescriptive Analytics
A type of business analytics that recommend one or more courses of action and showing the likely outcome of each decision.
Predictive Analytics
A type of business analytics that examines recent and historical data in order to detect patterns and predict future outcomes and trends.
Descriptive Analytics
A type of business analytics that summarize what has happened in the past and allow decision makers to learn from past behaviors.
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