Business Analytics
3rd Edition
ISBN: 9780135231715
Author: Evans
Publisher: PEARSON
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Textbook Question
Chapter 1, Problem 1PE
Discuss how you might use business analytics in your personal life, such as in managing your grocery purchasing, automobile maintenance, budgeting, or sports. Be creative in identifying opportunities!
Expert Solution & Answer
To determine
To describe: The use of the business analytics in your personal daily life.
Answer to Problem 1PE
To find the solution of the changes in situation, its causes and sustainability as well as its future prediction, is determined with the help of the business analytics.
Explanation of Solution
To find the solution of the changes in situation, its causes and sustainability as well as its future prediction, is determined with the help of the business analytics.
The lost of activities and expenses of daily life like buying things, its maintenance, budgeting etc. are easily managed with help of business analytics.
Suppose, the price of some item is increases then you can easily set your future budget for buying according to your pocket size, but how; the business analyst helps to understand the cause of the increment in the price of things and the days till the trend of increment will continue.
How one can save money though the expenses on things is easily understands through business analyst.
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Chapter 1 Solutions
Business Analytics
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