Reggie Is the Owner of a New Bike Shop and Must

question 73

True/False

Reggie is the owner of a new bike shop and must decide how much to withhold from employee paychecks as income tax.This is an example of a nonprogrammed decision.

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Definitions:

Data Warehouse

A repository of historical data that are organized by subject to support decision makers in the organization.

Organization's Data

Represents the collective information, records, and operational datasets owned or used by a business or institution for decision making and operations.

Prescriptive Analytics

A type of business analytics that recommend one or more courses of action and showing the likely outcome of each decision.

Predictive Analytics

A type of business analytics that examines recent and historical data in order to detect patterns and predict future outcomes and trends.