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Which TWO of the following can big data analytics be used for?
a)To aid decisions on appropriate product development
b)To inform management of what will happen in the future
c)To forecast conditions which impact costs
d) To ensure decisions are based on data free from biasI am sure about the option A
but confused between option b and C
what will be the answer and why??
sirA and C provide valuable insights and forecasts that support decision making processes.
C is right because analysing historical data and trends, it can help organisations predict future conditions that may affect costs.
B is incorrect as you cannot guarantee what will happen in the future, as it is based on probabilities and assumptions.
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