Summarizing Data to Understand What Has Happened Is What Type

question 40

Multiple Choice

Summarizing data to understand what has happened is what type of analytics?

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

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Definitions:

Business Computer

A computing device specifically designed, acquired, and used to meet the operational requirements of a business.

Double-Declining-Balance

A method of accelerated depreciation that doubles the straight-line depreciation rate, expensing more of the asset's cost closer to the beginning of its useful life.

Depreciation Expense

The allocated reduction in the value of a tangible asset over its useful life, reflecting wear and tear or obsolescence.

Straight-Line Depreciation

A strategy for apportioning an asset’s price equally over the duration of its usability.