Bradley Deleon
02/26/2024 · Primary School
Which type of business analytics includes deciding the best course of action given the events that are expected to occ confirmatory business analytics exploratory business analytics
UpStudy ThothAI Solution
Tutor-Verified Answer
Step-by-step Solution
The type of business analytics that includes deciding the best course of action given the events that are expected to occur is known as **prescriptive business analytics**.
However, from the options you provided, neither "confirmatory business analytics" nor "exploratory business analytics" directly refers to this concept.
- **Exploratory business analytics** focuses on analyzing data to discover patterns, trends, and insights without a specific hypothesis in mind.
- **Confirmatory business analytics** typically involves testing hypotheses or validating assumptions based on existing data.
If you are looking for the type of analytics that helps in making decisions based on predictions and recommendations, it would be prescriptive analytics.
Quick Answer
The type of business analytics that decides the best course of action based on expected events is prescriptive analytics.
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit