CAF-3 · Chapter 3 · Question 10 of 15
Which stage of data analytics recommends optimal actions based on predictions to realize maximum business value?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) Prescriptive Analytics
Explanation
Prescriptive analytics answers "How can I make it happen?" by recommending optimal actions based on predictive data to realize value
More Data Analytics Maturity Model (The 4 Stages) MCQs
- Q12If a company wants to utilize optimization algorithms, simulations, and decision trees, they are planning to implement which type of…
- Q13The implementation of data analytics provides organizations with a competitive advantage. How is this advantage primarily achieved?
- Q14What is considered a major challenge in implementing data analytics that can lead to inaccurate predictions and misguided decisions?
- Q15A software company observes a sudden increase in user complaints regarding an app crash. The IT team analyzes system log files to pinpoint…
- Q1What is the primary goal of implementing data analytics within an organization?
