To determine which new flavor of soda they should develop, a company should use predictive analytics. Predictive analytics utilizes historical data and statistical algorithms to forecast future trends and consumer preferences, helping the company understand which flavors are likely to be successful in the market.
Which type of analytics should a company use to determine which new flavor of soda they should develop? (1 point)
predictive analytics
outcome analytics
diagnostic analytics
prescriptive analytics
1 answer