According to the product life-cycle theory, the locus of global production initially switches from developing countries to other advanced nations and then from those nations to the United States

Which of the following techniques involves the use of optimization methods to provide new and better ways to operate based on specific business objectives?

A) descriptive analytics B) prescriptive analytics C) predictive analytics D) quantitative analysis E) qualitative analysis

Correlation analysis is used to determine the:

A) strength of the relationship between x and y. B) least squares estimates of the regression parameters. C) predicted value of y for a given value of x. D) forecast value of a particular dependent variable.