Let’s Travel in the World of Analytics

IBS Gurgaon – Mid Term For IBA – Dec 2019

1.a. the difference between predictive analytics and prescriptive analytics is the outcome of the analysis. Predictive analytics provides you with the raw material for making informed decisions, while prescriptive analytics provides you with data-backed decision options that you can weigh against one another. b. nominal data (also known as nominal scale) is a type of data that is used to label variables without providing any quantitative value. … … Continue reading IBS Gurgaon – Mid Term For IBA – Dec 2019

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