Using advanced analytics to predict market demand

Words: 220
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Subject: Uncategorized

Please use APA 7th editionBusiness professionals must understand and determine which analytic algorithms might be the most appropriate to use for specific decision-making. A detailed understanding of the different analytic algorithms will help business professionals uncover variables and metrics that may be better predictors of business performance, including predicting market demand.

Respond
Share at least two data analytic algorithms used to predict market demand based on at least one scholarly research.
Based on the case study, identify an area of the business where the researched analytic algorithms might be useful for the business to predict market demand. Justify your reasoning for each algorithm in each case.
Apply one of the researched algorithms and analyze company data from the case study to predict market demand.
Why is the data analytic algorithm that you chose the most appropriate for your targeted business initiative?

Use APA 7 edition formatting
2 scholarly resources

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