Prescriptive analytics relate to descriptive and predictive

Assignment Help Basic Computer Science

Reference no: EM132812063

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?

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

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

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

Reference no: EM132812063

Questions Cloud

Make improvements to web site appeal and accessibility : It is important to track user data to analyze how to make improvements to a web site's appeal and accessibility.

Bubble sort to sort element array : When using a bubble sort to sort a 10-element array, on the fourth pass through the array list you detect that no swap has occurred.

Display number at random from the set : For each of the following sets of integers, write a single statement that will display a number at random from the set.

Describe your workplace : Describe your workplace. Describe in detail the industry this company belongs to, and who represents its customer base.

Prescriptive analytics relate to descriptive and predictive : How does prescriptive analytics relate to descriptive and predictive analytics? Explain the differences between static and dynamic models.

The verbania project is nearing completion : The Verbania project is nearing completion. Describe how the team successfully collaborated to develop a cohesive and comprehensive solution.

Hypothetical situation : David Doe is a network administrator for the ABC Company. What steps might have been taken to detect David's alleged industrial espionage?

Explain the security triad : Explain what Information Security is? Explain the security triad? Identify and explain/describe 3 common threats?

New auditing roles in oracle : Write an essay of discussing the reasons for the two new auditing roles in Oracle 12c. Why did Oracle consider them necessary?

User Account

All Pages