Analytics aid in objective decision making

1. How can analytics aid in objective decision making?

2. What is Big Data analytics?

3. What are the sources of Big Data?

4. What are the characteristics of Big Data?

5. What processing technique is applied to process Big Data?

1. What is predictive analytics? How can organizations employ predictive analytics?

2. What is prescriptive analytics? What kinds of problems can be solved by prescriptive analytics?

3. Define modelling from the analytics perspective.

4. Is it a good idea to follow a hierarchy of descriptive and predictive analytics before applying prescriptive analytics?

Solution:

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