iptive data analytic model? How are the two related or how are they different? Give example of each.
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What is producivity analysis? What is prescriptive data analytic model? How are the two related or how are they different? Give example of each.
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- Under what conditions might a firm use multiple forecasting methods?Using Table 5.3, choose the appropriate survey method(s) you would use to collect primary data for one of your information needs. What sampling method would you use?What are some of the differences between a descriptive model and a prescriptive model?
- Identify and discuss the advantages and disadvantages of using existing data for secondary data analysis. Provide at least one example for each. In your opinion, do you think the advantages outweigh the disadvantages? Why or why not?List two (2) advantages and Two (2) disadvantages of the Observation Method of datacollection.What is the benefit of using strategic alignment model (SAM ) in studies??
- Under situation analysis on Marketing statistics and competitor analysis Of DMRi?What is data modeling in the context of data warehousing, and how does it help in organizing and structuring data for analysis?What are the two major differences between stratified random sampling and cluster sampling? (Hint: think about how population is divided and when random selection is done )