Analytics relate to descriptive and predictive analytics

Assignment Help Basic Computer Science
Reference no: EM132816679

Part 1

Excel is probably the most popular spreadsheet software for PCs. Why? What can we do with this package that makes it so attractive for modeling efforts?

Part 2

1. How does prescriptive analytics relate to descriptive and predictive analytics?

2. Explain the differences between static and dynamic models. How can one evolve into the other?

3. What is the difference between an optimistic approach and a pessimistic approach to decision making under assumed uncertainty?

4. Explain why solving problems under uncertainty some- times involves assuming that the problem is to be solved under conditions of risk.

Part 3

What are the common business problems addressed by Big Data analytics? In the era of Big Data, are we about to witness the end of data warehousing? Why?

Part 4

1. What is Big Data? Why is it important? Where does Big Data come from?

3. What is Big Data analytics? How does it differ from reg- ular analytics?

4. What are the critical success factors for Big Data analytics?

5. What are the big challenges that one should be mind- ful of when considering implementation of Big Data analytics?

Reference no: EM132816679

Questions Cloud

What is procedural language : What is procedural language? What is a procedure in MySQL? State the basic structure for a procedure.
Write an explanation of your role as an intern : In this course, you will have 11 Blog Assignments in which you will first post your responses to blog prompts on social work field education experiences.
List three expense accounts related to payroll : Describe when you would expect the account to be cleared to zero. Explain the methods you could use to reconcile these accounts.
Is simulation applicable in all research contexts : Is simulation applicable in all research contexts? Can you still use simulation techniques if you do not know about the statistical distribution of the populati
Analytics relate to descriptive and predictive analytics : How does prescriptive analytics relate to descriptive and predictive analytics? What is Big Data? Why is it important? Where does Big Data come from?
At what constant rate is the stock expected to grow : Carnes Cosmetics Co.'s stock price is $30, and it recently paid a $1.00 dividend. At what constant rate is the stock expected to grow after Year 3
What is total charge against income as result of accounting : What is the total charge against 2020 income as a result of accounting changes? Canyon Company decided to decrease the estimated useful life
What do you think the main issues for km initiatives : What do you think the main issues for KM initiatives? Elaborate THREE (3) issues or gaps that you have identified in this scenario.
How your personal professional goals might be reflected : Explain how your personal professional goals and objectives that you identified might be reflected in your agency learning agreement.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Develop an algorithm that uses a random number generator

In each instance the random number generated should take on the role of middle in the above algorithms. Compare the performance of this algorithm with the binary search algorithm in terms of the number of comparisons made.

  What are the cons of re-sizing your images using html

What are the cons of re-sizing your images using HTML/CSS? How does it affects the overall performance of your web page? Explain your answer.

  Displays a suffix of the specified length

suffix_of_length(length) : Displays a suffix of the specified length from the current string. If the length is

  Blue bobbleheads for this firm to make and sell

What are the profit maximizing quantities of red and blue bobbleheads for this firm to make and sell?

  Ethical or social issues with an intersection of technology

Find a current news article related to either legal, ethical, or social issues with an intersection of technology.

  Malware developers to disguise their code

Submit a report that discusses the techniques used by malware developers to disguise their code and prevent it from being analyzed.

  What is kgc profit at the profit maximizing sales price

KGC's marginal revenue function is MR = 50 - (1/200) Q and demand function is Qd = 20,000 - 400P. What is KGC's profit at the profit maximizing sales price?

  Amount of money collected after five partial refunds

Three additional balloons showed up and paid the registration cost plus an additional $10 each. What was the total amount of money collected after five partial refunds were paid?

  Great impacts on it and economic globalization

Your thoughts for the great impact(s) on IT and Economic Globalization. definition of Economic Globalization, enablers for globalization,

  Beta and capital budgeting

Explain to your classmates what beta means and how it can be used for managerial and/or investment decision

  Implement an ad-integrated dns zone

What factors might an organization consider when choosing to implement an AD-integrated DNS zone versus a traditional zone?

  Budget considerations and staffing considerations

Determining when to develop a system in-house or to purchase a COTS system is not always clear. Budget considerations, Staffing considerations

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd