What Are Advanced Analytics

question 44

Multiple Choice

What are advanced analytics?

• A)Processes and manages algorithms across many machines in a computing environment.
• B)Focuses on forecasting future trends and producing insights using sophisticated quantitative methods, including statistics, descriptive and predictive data mining, simulation, and optimization.
• C)Occurs when the user goes into an emotional state of over-analyzing (or over-thinking) a situation so that a decision or action is never taken, in effect paralyzing the outcome.
• D)A business analytics specialist who uses visual tools to help people understand complex data.

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Definitions:

Inequality

The unequal distribution of resources, opportunities, and rights among individuals or groups within a society.

Constrained

Limited or restricted in terms of actions, choices, or resources, often due to external pressures or circumstances.

Determinant

A factor or element that decisively affects the nature or outcome of something.

Bureaucratic Structure

A system of administration characterized by hierarchical organization, formal rules and procedures, and a clear division of responsibilities.