Examples of Prescriptive Analytics
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YouTubeCubeware GmbH
Examples of Prescriptive Analytics
In our previous video, we discussed what Prescriptive Analytics is and how it works. To check it out, click here: [What is Prescriptive Analytics?: Part 1] https://youtu.be/pzvT6Z_b6MA [What Are the Benefits of Prescriptive Analytics?: Part 3] https://youtu.be/skmmUkh7vgQ Now, let’s delve into what Prescriptive Analytics looks like ...
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How is data analytics different from statistics?Analytics tools fall into three categories: descriptive, predictive, and prescriptive. What are the main differences among these categories?Explain how businesses use analytics to convert raw operational data into actionable information. Provide at least one example.Consider the organization you work for (or another organization you're familiar with). Does this organization use data analytics? If so, how is it used? If not, how could the organizati
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