Reference no: EM133263316

Business professionals must understand and determine which Analytic algorithms might be the most appropriate to use for specific decision making. A detailed understanding of the different Analytic algorithms will help business professionals uncover variables and metrics that may be better predictors of business performance, including predicting market demand . Share at least two data Analytic algorithms used to predict market demand based on at least one scholarly research. Based on a case study, identify an area of the business where the researched Analytic algorithms might be useful for the business to predict market demand . Justify the reasoning for each algorithm in each case. Apply one of the research algorithms and analyze company data from the case study to predict market demand. Why is the data Analytic algorithm that you chose the most appropriate for your targeted businss initiative ?.You can make reference to Data analytics Simulation : Strategic Decision Making