Which of the following best describes the use of predictive analytics?
Which of the following best describes the use of predictive analytics?
Predictive analytics involves analyzing data and applying assumptions or predictions to forecast future events or behaviors. In the context of a supplier predicting where stock levels would decrease more quickly based on sales data and weather conditions, this aligns with the essence of predictive analytics. The supplier is using historical data and assumptions to predict future stock levels, which is a core aspect of predictive analytics.
It should be B not D
why B?
For me if a supplier analyzes something and applies predictions that's the predictive analysis. D in my opinion is more applied to process analysis but I might be wrong.
B not predict anything. Dis correct.