What type of analytics seeks to recognize what is going on as well as the likely forecast and make decisions to achieve the best performance possible?a. prescriptiveb. descriptivec. predictived. domain
prescriptive
The type of analytics that seeks to recognize what is going on as well as the likely forecast and make decisions to achieve the best performance possible is predictive analytics. Predictive analytics involves the use of data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data. It helps organizations to make informed decisions, optimize business processes, and improve overall performance. Descriptive analytics, on the other hand, focuses on analyzing past data to understand what has happened, while prescriptive analytics recommends the best course of action to achieve a desired outcome. Domain analytics refers to analytics that are specific to a particular industry or business domain.
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