What Tool Does UPS Use to Analyze More Than 1

question 48

Multiple Choice

What tool does UPS use to analyze more than 1 billion data points each day?

• A) predictive analytics
• B) descriptive analytics
• C) prescriptive analytics
• D) descriptive statistics
• E) variance analysis

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Definitions:

Transferable Check

A type of check that allows the original payee to endorse it to another party, transferring the right to cash or deposit.

Clearinghouse

An intermediary body that facilitates the exchange of payments, securities, or derivatives transactions among its members.

Payor Bank

A bank that is responsible for paying a check or draft on behalf of a customer, typically the bank where the check writer has an account.

Depository Bank

A financial institution that holds and manages securities (stocks, bonds, etc.) for its clients and may also offer other banking services.