What Uses Techniques That Create Models Indicating the Best Decision

question 113

Multiple Choice

What uses techniques that create models indicating the best decision to make or course of action to take?

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

---

Definitions:

Bank Deposit

Money placed into a banking institution for safekeeping, which can include savings accounts, checking accounts, and certificates of deposit.

Availability Delay

The lag time between when a deposit is made in a bank account and when the funds are available for use.

Bank Releases

Legal documents indicating that a bank has released its claim on assets, typically after a loan has been paid off.

Collection Time

The typical duration a company waits to collect payments from its clients following a sale.