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      Question

      A bank analyzing which customers are likely to default

      on loans is applying:
      A Descriptive analytics Correct Answer Incorrect Answer
      B Predictive analytics Correct Answer Incorrect Answer
      C Diagnostic analytics Correct Answer Incorrect Answer
      D Prescriptive analytics Correct Answer Incorrect Answer
      E Observational research Correct Answer Incorrect Answer

      Solution

      Predictive analytics uses historical data to forecast future outcomes like default risk.  Why Other Options Are Incorrect • A: Describes past data. • C: Explains reasons. • D: Suggests actions. • E: Simple observation.  Banking Example: Credit scoring models forecasting NPA probability.

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