[ Eps. 24 ] What Are the Benefits of Prescriptive Analytics?

In our two previous videos, we discussed what Prescriptive Analytics is, how it works, and what its examples look like. To check them out,  

[What is Prescriptive Analytics?: Part 1] https://youtu.be/pzvT6Z_b6MA

[Examples of Prescriptive Analytics: Part 2] https://youtu.be/NOo8Nc9zG20 

Despite being a pivotal advanced analytical approach, Prescriptive Analytics isn’t commonly implemented as it requires an assortment of tools and a complex understanding of the method. Companies that do employ Prescriptive Analytics, however, are able to achieve stronger goals by understanding how different actions result in different outcomes.

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