__________ Analytics Are Often the First Type of Analytics Performed

question 10

Multiple Choice

__________ analytics are often the first type of analytics performed that leads to other types of analytics for further investigation.

• A) Descriptive
• B) Diagnostic
• C) Predictive
• D) Prescriptive

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Definitions:

Excess Demand

A situation in a market where the quantity demanded of a product exceeds the quantity supplied at a given price, leading to upward pressure on prices.

Sunglasses

Sunglasses are eyewear designed to protect the eyes from the harmful rays of the sun and reduce glare, while often serving as a fashion accessory.

Supply

The total amount of a good or service that is available to consumers.

Unregulated

A situation or industry not governed or controlled by laws, allowing free operation without governmental oversight.