Predictive Analytics Is a World Where Interconnected, Internet-Enabled Devices or "Things

question 23

True/False

Predictive analytics is a world where interconnected, Internet-enabled devices or "things" can collect and share data without human intervention.

---

Definitions:

Annual Installments

Payments made yearly towards the settlement of a debt or purchase price over a fixed period.

Interest

Interest is the charge for borrowing money or the compensation paid to depositors, calculated as a percentage of the principal amount.

Compounded Monthly

A method of calculating interest in which the accrued interest is added to the principal at the end of each month, leading to interest on interest in subsequent months.

Mortgage

A loan provided by a lender or a bank that enables an individual to purchase a home or real estate, using the property itself as collateral.