What type of analytics seeks to recognize what is going on as well as the likely forecast and make decisions to achieve the best performance possible?

Predictive analytics invlove predictions based on historical and current data. It makes use of predictive models, applying a variety of statistical techniques to analyze patterns and inform decision making. It is largely used in business to assess risks and opportunities in business decisions such as new venture threats and opportunities.

Answer Link

Baraq Baraq · Answer 2 · 2021-12-14T10:47:38+01:00

According to business management strategy, the type of analytics that seeks to recognize what is going on and the likely forecast and make decisions to achieve the best performance possible is called Prescriptive analytics.

What is Prescriptive Analytics?

Prescriptive analytics is a type of analytics in which an organization or firm analyses various data to determine issues on decisions on any time horizon, from present to long term.

Prescriptive analytics analyzes the present and the future to determine what is best for the company and production process.

Hence, in this case, it is concluded that the correct answer is "Prescriptive analytics."

Learn more about Prescriptive analytics here: https://brainly.com/question/15540146