Business Analytics Is Typically Divided into Two Categories

question 42

Essay

Business analytics is typically divided into two categories. Identify and describe each of the categories in addition to a possible third category.

---

Definitions:

Premiums

The amount paid for insurance coverage or the payment above the nominal value of a security when issued.

Inland Marine Insurance

An insurance contract that covers goods that are moved by land carriers such as rail, truck, and airplane.

Land Carriers

Companies or entities that transport goods or people over land, such as by road or rail.

Goods

All things (other than money, stocks, and bonds) that are movable.