Compare and contrast predictive analytics with prescriptive and descriptive analytics. Use examples.

Q: Explain the progression from decision support systems to analytics through business intelligence.

A: GIVEN: Explain the progression from decision support systems to analytics through business…

Q: Explain how predictive analytics works and provide an example of how it might be put into practise…

A: Explanation: Prescriptive analytics is a technique that analyses data and makes appropriate…

Q: Take into consideration the following: Do you believe Big Data and Predictive Analytics, for…

A: Big data technologies are the software utility which is designed for examining, clarifying and…

Q: What function does online analytical processing (OLAP) play in descriptive analytics?

A: We need to highlight the use of online analytical processing in descriptive analysis.

Q: Please describe your own data analytics knowledge, including tools, projects, and how you've used…

A: Data is one of the most important asset of an individual. Similarly data plays a crucial role in…

Q: The differences and similarities between predictive analytics, prescriptive analytics, and…

A: What is Descriptive Analytics?Descriptive statistics look at statistical data to tell you what…

Q: Predictive analytics, prescriptive analytics, and descriptive analytics are compared and contrasted.…

A: Analytics entails providing you with valuable information that results in financial gain. The amount…

Q: Take into account the following: Do you think Big Data and Predictive Analytics would have been…

A: INTRODUCTION: "Big data analytics" refers to sophisticated analytical techniques for massive,…

Q: Analyze how descriptive and predictive analytics are intertwined with viewpoint analysis.

A: The below step can I explained intertwined with view analysis.

Q: What is the most significant distinction between business intelligence and analytics?

A: Introduction: The key distinction between business intelligence and analytics is that business…

Q: Describe the difference between descriptive,predictive and prescriptive analytics

A: Descriptive Analytics: Descriptive analytics that describe the past . The past tells to any point of…

Q: Describe the predictive analytics method and offer an example of how it is applied in practise.

A: Intro Predictive analytics is the process of using using the data analytics to make the data…

Q: Distinguish between the functions of OLAP and descriptive analytics.

A: The answer is given below.

Q: The following should be considered: Consider if predictive analytics, such as the use of big data,…

A: Most authorities on the matter would agree, Big Data can make a great deal of new learning…

Q: Describe how prescriptive analytics works and give example.

A: Prescriptive Analytics: This can be defined as a process in which data is analyzed and suitable…

Q: In light of this, here are some thoughts: Big Data and Predictive Analytics would have been a…

A: Answer to the given question: Big Data and Predictive Analytics would have been a success 10-15…

Q: Explain briefly the importance of data analytics in business and in education?

A: Data analysis can provide a snapshot of what students know, what they should know, and what can be…

Q: Case: Video Streaming Platform 1. In your opinion, what type of analytics in big data and machine…

A: Machine learning is a subfield of Artificial Intelligence that has enabled machines to learn. The…

Q: Take into account the following: Do you think Big Data and Predictive Analytics, for example, would…

A: big data is a term that depicts huge, difficult to-oversee volumes of data – both organized and…

Q: Please describe your own data analytics knowledge, including tools, projects, and how you have used…

A: Please find the answer below

Q: Differentiate the role of OLAP in descriptive analytics.

A: Although OLAP engines make it simple to conduct operations such as slicing, dicing, drill-down,…

Q: Briefly explain the stages of BIG DATA BUSINESS ANALYTICS

A: INTRODUCTION: Big data analytics is essentially a catch-all term for processing enormous amounts of…

Q: Identify OLAP's role in descriptive analytics

A: On-line analytical processing (OLAP) organizes and analyzes commercial data that employs a…

Q: nd contrast between predict

A: Given   A comparison and contrast between predictive analytics, prescriptive analytics, and…

Q: Explain data types from a data analytics perspective and discuss big data characteristics

A: Data Analytics: Data analytics is a tool for raw data processing or research. To assist with…

Q: Explain the strategies used by walmart and Lowe's to gain more online customers in system analytics…

A: Given: Explain the strategies used by walmart and Lowe's to gain more online customers in system…

Q: Please take into account: Do you think that modern marketing tools like Big Data and Predictive…

A: Due to a lack of massive datasets and insufficient execution platforms, technologies such as Big…

Q: Identify the five categories of human activities affected by big data and analytics.

A: To be determine: Identify the five categories of human activities affected by big data and…

Q: Discuss the role of OLAP in the context of descriptive analytics

A: Descriptive analytics is a statistical method that is used to search and summarize historical data…

Q: challenges

A: The challenges linked with the end-users while using with their own customized solutions:   Users…

Q: discuss the evolution of business analytics

A: Business Analytics is a process of transforming data into actions through analysis and insight in…

Q: Which software packages are used in predictive analytics?   Could you please provide some…

A: Predictive analysis is used of past and present bulk data to prectict future events.

Q: Distinguish between data mining andpredictive analytics

A: Data mining is the process of predicting  the outcomes by looking for anomalies, patterns, and…

Q: What is meant by business analytics? What other terms have been used for business analytics systems

A: Business analytics encompasses a big selection of applications from client relationship management,…

Q: Analyze descriptive analytics using OLAP.

A: Given: OLAP may be used to analyze descriptive analytics.

Q: Use an example to illustrate the role dashboards play in descriptive anal

A: The, answer has given below:

Q: Describe the mechanism through which perspective analytics is dependent on descriptive and…

A: Step 1 The answer is given in the below step

Q: Describe the method via which descriptive and predictive analytics are reliant on viewpoint…

A: According to Prescriptive analytics, it is concerned with "what is required for the job to be…

Q: The five broad categories of BI/analytics techniques include _______________.

A: BI (business intelligence) uses business analytics, data mining , visualization tools that helps…

Q: The main distinction between business intelligence and analytics is ?

A: Introduction: The main distinction between business intelligence and analytics is

Q: descriptive and predictive analytics are int

A: While descriptive analytics seeks to provide insight into what has occurred and predictive analytics…

Q: What are some of the software packages that are used in predictive analytics?   Can you give us…

A: Predictive analytics tools will be tools that utilization information to assist you with seeing into…

Q: believe

A: Introduction: Big Data technologies would not have worked 10-15 years ago owing to a lack of massive…

Q: Consider the following: Do you believe that Big Data and Predictive Analytics would have been…

A: Introduction : Big data analytics applies sophisticated analytical methods to enormous,…

Q: discuss the latest tools

A: 1. SAS Business Analytics The high-grade text investigation abilities of the SAS-based business…

Q: List at least 6 Business Intelligence/Analytics Applications and briefly discuss each.​

A: Introduction: It is not a new concept to use business intelligence tools to improve your business…

Q: Big data analytics is used by most corporations today. True false

A: The main reasons that todays corporations use big data analytics is: With the helps of analytics…

Q: Each row in an analytics base table is composed of a set of __ features and a feature. -- - Blank #…

A: The analytics base table contains the two features which are the  Descriptive feature Target…

Q: Identify six broad categories of implications of big data analytics and decision making

A: Big data is used to provide an unparalleled opportunity to extract information which leads to…

Fundamentals of Big Data Analytics

Big data analytics is the process of using advanced analyzing techniques against huge variant data sets to uncover hidden pattern or knowledge. It helps in organization's decision making process. Big data can be organized in any of the following formats.