________ analytics help managers make decisions to achieve the best performance in the future.a. predictiveb. prescriptivec. descriptive
Prescriptive
Descriptive analytics is used to describe and summarize historical data, providing insights into what has happened in the past. It is mainly used to understand what has already occurred, rather than providing recommendations for what to do in the future.
Predictive analytics uses data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data. This helps organizations to identify patterns and trends and forecast what is likely to happen in the future.
Prescriptive analytics, on the other hand, takes predictive analytics to the next level by recommending a course of action to achieve the best performance in the future. It uses optimization algorithms to determine the best possible outcomes and suggests actions that can be taken to achieve those outcomes.
Therefore, the answer is (b) prescriptive analytics.
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