Big Data Analytics | Prescriptive Analytics MCQs: This section contains the Multiple-Choice Questions & Answers on Big Data Analytics - Prescriptive Analytics with explanations.
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Prescriptive analytics gathers data from descriptive and predictive sourcesPrescriptive analytics gathers data from descriptive and predictive sources.
The answer is:
A. True
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Prescriptive analytics makes the use of machine learning to help ____ to decide a course of action based on a computer program's predictionsPrescriptive analytics makes the use of machine learning to help ____ to decide a course of action based on a computer program's predictions.
The answer is:
A. Business organizations
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Prescriptive analytics is the final phase of business analyticsPrescriptive analytics is the final phase of business analytics.
The answer is:
A. True
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The ability to model prices on a variety of factors allows them to make ______ about production, storage, and new discoveriesThe ability to model prices on a variety of factors allows them to make ______ about production, storage, and new discoveries.
The answer is:
C. Unpredictable things
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Amongst which of the following is / are the goodness of prescriptive analytics,Amongst which of the following is / are the goodness of prescriptive analytics,
The answer is:
D. All of the mentioned above
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Prescriptive analytics is a process that _____ and provides instant recommendations on how to optimize business practicesPrescriptive analytics is a process that _____ and provides instant recommendations on how to optimize business practices.
The answer is:
A. Analyzes data
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Prescriptive analytics utilizes business rules, artificial intelligence, and ____ to simulates various approaches to these numerous outcomesPrescriptive analytics utilizes business rules, artificial intelligence, and ____ to simulates various approaches to these numerous outcomes.
The answer is:
A. Algorithms
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With prescriptive analytics, businesses spend less time poring over spreadsheets and more time using informed data to create the processesWith prescriptive analytics, businesses spend less time poring over spreadsheets and more time using informed data to create the processes.
The answer is:
A. True
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Effective _____ prescriptive data tools can help businesses using informed data to create the processes and for managing and analyzing data anytime and anywhereEffective _____ prescriptive data tools can help businesses using informed data to create the processes and for managing and analyzing data anytime and anywhere.
The answer is:
A. Cloud-based
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Amongst which of the following is /are the techniques that are used for predictive analytics,Amongst which of the following is /are the techniques that are used for predictive analytics,
The answer is:
D. All of the mentioned above
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