Business Analytics

question 94

Multiple Choice

Business analytics

• A) is retrospective rather than predictive.
• B) enables a firm to learn from experience and to make current and future decisions based on prior information.
• C) uses mathematical models that enhance decision making at only the topmost levels of management.
• D) can enable a company to benefit from measuring risk, but it cannot enable the company to manage risk.
• E) as an industry is experiencing a decline in revenue.

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Definitions:

Letters Of Recommendation

Are formal documents written to vouch for an individual's abilities, character, and accomplishments, typically used in academic or job applications.

Social Values

Collective ideas about what is considered right, important, and worthwhile in a society, guiding social behavior and interactions.

Personal Values

Core beliefs or standards that individuals hold as being of paramount importance, guiding behavior and decision-making.

Stereotype Threat

The risk of confirming negative stereotypes about an individual's racial, ethnic, gender, or cultural group, which can impact performance and behaviors.