What Are the Three Primary Areas of Analytics

question 201

Multiple Choice

What are the three primary areas of analytics?

• A) Descriptive analytics, predictive analytics, and prescriptive analytics.
• B) Descriptive analytics, primary analytics, response analytics.
• C) Descriptive analytics, future analytics, past analytics.
• D) Technique analytics, future analytics, past analytics.

Identify and explain the reasons for government intervention in the economy, including the provision of public goods, enforcement of contracts, and antitrust laws.

Distinguish between different organizational structures such as producer cooperatives and not-for-profit organizations.

Understand the economic basis for the provision of police protection and other public services through taxation.

Recognize the importance and method of government regulation in preventing collusion among firms and protecting market competition.

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Definitions:

Preserving

The act of maintaining or keeping something in its original or existing state.

Personal Information

Data relating to an individual that can identify them, such as their name, address, or online identifiers.

Social Security Number

A unique nine-digit number assigned to U.S. citizens and permanent residents, used for tracking individuals for social security and other purposes.

Anniversary

The date on which an event took place in a previous year, often celebrated or commemorated annually.