What Uses Techniques That Extract Information from Data and Use

question 198

Multiple Choice

What uses techniques that extract information from data and use it to predict future trends and identify behavioral patterns?

• A) Business analytics.
• B) Descriptive analytics.
• C) Prescriptive analytics.
• D) Predictive analytics.

Calculate list price given the amount of trade discount.

Understand the application of trade discounts in various scenarios (e.g., rebates on purchases, payroll reduction).

Calculate the equivalent single discount rate from multiple discount rates.

Calculate the final amount due considering payment terms and discounts.

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Definitions:

Resourceful

Having the ability to find quick and clever ways to overcome difficulties, often through innovative or creative thinking.

Weak Relationships

Connections between entities that are characterized by low levels of interaction, commitment, or intensity.

Creativity

The ability to generate new ideas, solutions, or approaches that are original, valuable, and useful in a specific context.

Ties

Connections or relationships between individuals or entities that can influence social, professional, or organizational dynamics.