Start learning 50% faster. Sign in now
Prescriptive analytics is the highest level of analytics and aims to recommend specific actions or strategies to achieve desired outcomes. It uses optimization algorithms, simulation techniques, and predictive models to evaluate different scenarios and determine the best course of action. For example, in the context of a logistics company, prescriptive analytics can suggest the most efficient delivery routes based on predictive weather patterns, traffic conditions, and package delivery schedules. By answering the question "What should we do?" prescriptive analytics helps organizations move beyond insights to actionable recommendations. Why Other Options are Wrong:
Which of the following statements is/are incorrect?
The concept of Zero-Base Budgeting was introduced in ...
Combustion of a candle is a
Which of the statements is true in regards to the Government of India Act 1935?
The Constitution of 195...
Which of the following statements is/are correct?
(1) Abolition of untouchability is given in Article 17 of the Indian Constitution.
(2) E...
Consider the below statements and identify the correct answer.
Statement-I: Anhydrous sodium carbonate is used in soda-acid fire extinguishers.
Who among the following was the leader of Young Bengal movement?
The magnetic quantum number with respect to an atom of a chemical element is related to?
Which of the following were the significance of Cripps MIssion proposal?
1. The British government acknowledged India’s right to be a dom...
Which of the following numbers is divisible by 4?
Who among the following were members of the State Re-organisation Commission (SRC) in 1953?