Business Intelligence

This week you are asked to discuss a current business process in a specific industry.  Note the following:-Identify the current business process itself. It is important that you clearly and directly identify the industry and the business process in this industry. -Since processes can vary based on the industry, please provide an overview of the industry … Read more

Business Intelligence

Chapter-8 Questions How does prescriptive analytics relate to descriptive and predictive analytics? Explain the differences between static and dynamic models. How can one evolve into the other? What is the difference between an optimistic approach and a pessimistic approach to decision-making under assumed uncertainty? Explain why solving problems under uncertainty some- times involves assuming that … Read more

Business Intelligence

Chapter-8 Questions How does prescriptive analytics relate to descriptive and predictive analytics? Explain the differences between static and dynamic models. How can one evolve into the other? What is the difference between an optimistic approach and a pessimistic approach to decision-making under assumed uncertainty? Explain why solving problems under uncertainty some- times involves assuming that … Read more

Business Intelligence

1. Explain the relationship among data mining, text mining, and sentiment analysis. 2. In your own words, define text mining, and discuss its most popular applications. 3. What does it mean to induce structure into text-based data? Discuss the alternative ways of inducing structure into them. 4. What is the role of NPL in text mining? Discuss the … Read more