BANA 2372

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BANA 2372 - Hollander – Midterm Exam 1 - Practice Questions (Chapters 1-4)

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analytics is the set of analytical techniques that yield a course of action. Prescriptive analytics consists of analytical techniques that use models constructed from past data to predict the future or to assess the impact of one variable on another. predictive analytics encompasses the set of analytical techniques that describe what has happened in the past. descriptive can be used to determine the percentage of data values that must be within one, two, and three standard deviations o...

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