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Analytics, Which Allows Organisations to Analyse Large Sets of Data

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Analytics, which allows organisations to analyse large sets of data, can help businesses to:


Definitions:

Shaping

Positive reinforcement of successive approximations to the desired behaviour.

Positive Reinforcement

A behavior modification technique that involves rewarding a desired behavior to encourage its repetition.

Successive Approximations

A method where complex behaviors are broken down into simpler, achievable tasks that gradually increase in difficulty or complexity.

Extinction

The discouraging of behaviour by making the removal of a desirable consequence contingent on its occurrence.

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