Which of the Following Is NOT Among the Predictive Analytics

question 71

Multiple Choice

Which of the following is NOT among the predictive analytics methods covered in the book?

• A)Neural networks
• B)Cluster analysis
• C)Factor analysis
• D)Multidimensional scaling

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Definitions:

Net Revenue

The total income generated from business activities after subtracting the costs of goods sold and operational expenses.

Expected Value

A calculated average outcome of a random variable, taking into account all possible values and their probabilities.

Sample Information

Data or observations collected from a subset of a larger population, used to estimate or infer characteristics about the whole population.

EMV

Expected Monetary Value; a financial concept that calculates the average outcome when the future includes scenarios that may or may not happen.