What Focuses on Forecasting Future Trends and Producing Insights Using

question 91

Multiple Choice

What focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization?

• A)Distributed computing
• B)Advanced analytics
• C)Analysis paralysis
• D)Data artist

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Definitions:

Generation X

The demographic cohort following the baby boomers, typically defined as individuals born between the mid-1960s and early 1980s.

Millennials

A generational cohort born approximately between 1981 and 1996, known for growing up in a digital, media-saturated world.

Collective Societies

Organizations that represent creators or owners of intellectual property, managing rights and royalties on their behalf.

Baby Boomers

The demographic cohort following the Silent Generation and preceding Generation X, typically referring to people born from 1946 to 1964 in the post-World War II baby boom.