In the Magpie Sensing Case Study, the Automated Collection of Temperature

question 42

Multiple Choice

In the Magpie Sensing case study, the automated collection of temperature and humidity data on shipped goods helped with various types of analytics. Which of the following is an example of predictive analytics?

• A) real time reports of the shipment's temperature
• B) warning of an open shipment seal
• C) location of the shipment
• D) optimal temperature setting

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Definitions:

Disposable Income

Disposable income is essentially the finance available for individuals or families to save or expend after all income tax charges have been subtracted.

Autonomous Consumption

Consumer spending that does not depend on current income, influenced instead by factors like wealth and basic needs.

Autonomous Consumption

The level of consumption that occurs when income is zero, representing the expenditures needed to meet basic needs.

Disposable Income

The available sum for households to allocate on spending and saving post the deduction of income taxes.