Prescriptive Analytics Will Often Build Upon Descriptive, Diagnostic, or Predictive

question 19

True/False

Prescriptive analytics will often build upon descriptive, diagnostic, or predictive analytics.

Analyze the relationship between personal experiences and wider social forces.

Comprehend the sociological perspectives on global structures and their impact on local contexts.

Acknowledge the contribution of key sociologists to the discipline.

Evaluate the function of social solidarity and its effect on societal cohesion.

---

Definitions:

Degrees of Freedom

The tally of distinct numbers or magnitudes assignable to a statistical distribution.

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution or to determine the distribution's parameter.

Chi-Squared Test Statistic

A value used in chi-squared tests to evaluate how likely observed frequencies of events are to occur under a specific hypothetical distribution.

Expected Value

In probability theory, the sum of all possible outcomes of a particular situation, each multiplied by its likelihood of happening.