Prescriptive Analytics Would Be More Likely to Use These Tools

question 13

Multiple Choice

Prescriptive analytics would be more likely to use these tools in its analysis than other types of analytics?

• A) Totals, sums, averages, and subtotals
• B) Fuzzy matching, Benford's law, variance analysis
• C) Forecasting tools, regression, and classification
• D) Goal-seek analysis, what-if analysis

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Definitions:

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically for the financing of accounts receivable and inventories.

Short-Term Financing

Funding obtained for a period of one year or less, used to cover immediate needs such as working capital requirements.

Minimum Denomination

The smallest unit of value in which a security or financial instrument can be issued or traded.

Net Worth

The difference between an individual or household’s assets and liabilities.