Match the Business Analytic Tool with the Question It Sets

question 28

Essay

Match the business analytic tool with the question it sets out to answer.
$$\begin{array} { | l | l | } \hline \text { Statistical Analysis } & \text { Why is this happening? } \\\hline \text { Forecasting/extrapolation } & \text { What if these trends continue? } \\\hline \text { Predictive modeling } & \text { What will happen next? } \\\hline \text { Optimization } & \text { What is the best that car happen? } \\\hline\end{array}$$

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Definitions:

Grateful Dead Concert

An event featuring live performance by the Grateful Dead, a renowned American rock band.

Age

A measure of time that an individual, object, or concept has existed, typically expressed in years.

Pearson Correlation Coefficient

A measure of the linear correlation between two variables, ranging from -1 to 1, where 1 means a perfect positive linear relationship, -1 means a perfect negative linear relationship, and 0 indicates no linear correlation.

Big-Name Stars

Well-known and popular actors or performers who can attract a large audience and significantly impact a project's success.