Which of these problems are examples of prescriptive analytics? O Computing the average monthly product sales year to date. O Predicting one's GPA in the current quarter. Determining the shortest route to a particular classroom at school. O Determining the location of a favorite quick-serve restaurant. O None of these answers are correct. O Exactly two of the above answers are correct.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
A4
Which of these problems are examples of prescriptive analytics?
Computing the average monthly product sales year to date.
Predicting one's GPA in the current quarter.
O Determining the shortest route to a particular classroom at school.
O Determining the location of a favorite quick-serve restaurant.
None of these answers are correct.
Exactly two of the above answers are correct.
Transcribed Image Text:Which of these problems are examples of prescriptive analytics? Computing the average monthly product sales year to date. Predicting one's GPA in the current quarter. O Determining the shortest route to a particular classroom at school. O Determining the location of a favorite quick-serve restaurant. None of these answers are correct. Exactly two of the above answers are correct.
Suppose a person traveling to Palm Springs seeks the least expensive hotel room at a 3-star or better
hotel, within 2 miles of downtown shopping, and that has a customer rating of four or better on a
five-point scale. The objective function for this problem could be:
O Maximize the number of hotel stars.
O Minimize the distance between the hotel and downtown.
O Maximize the customer rating for the hotel.
Minimize the hotel room's cost.
O Any of the above answers could be correct.
None of these answers are correct.
Transcribed Image Text:Suppose a person traveling to Palm Springs seeks the least expensive hotel room at a 3-star or better hotel, within 2 miles of downtown shopping, and that has a customer rating of four or better on a five-point scale. The objective function for this problem could be: O Maximize the number of hotel stars. O Minimize the distance between the hotel and downtown. O Maximize the customer rating for the hotel. Minimize the hotel room's cost. O Any of the above answers could be correct. None of these answers are correct.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman