business discussion choose one question

Using any reliable source for reference, answer your choice of one of the discussion questions below. Please clearly indicate which question you’re answering by labeling it with the question number (e.g. “Question 1”).

1. Describe and discuss descriptive, predictive, and prescriptive analytics. Give an example how a company (preferably, the company you work for) would use descriptive, predictive, and prescriptive analytics.

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2. Define discrete and continuous metrics, and give your own original example of each.

3. Define the four types of measurement scales and give your own original example of each.

4. Define the following types of input to a model: decision variable, uncontrollable variable, and data. Give your own original example of each.

Your initial post must be at least 200 words in length and must include references from reliable sources.

 

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