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ACFE Certified Fraud Examiner (CFE) - Investigation CFE-Investigation Question # 39 Topic 4 Discussion

ACFE Certified Fraud Examiner (CFE) - Investigation CFE-Investigation Question # 39 Topic 4 Discussion

CFE-Investigation Exam Topic 4 Question 39 Discussion:
Question #: 39
Topic #: 4

Which of the following BEST describes the data analytics approach known as predictive analytics?


A.

The employment of a learning algorithm that identifies similarities, patterns, or anomalies within a data set on its own, without human involvement


B.

The configuration of a business program to emulate and integrate the actions of a human to execute certain business processes thus increasing efficiency and automating repetitive manual tasks


C.

The use of historical data, along with analyses, statistics, and machine learning components, to build a mathematical model that captures important trends and creates a quantitative forecast


D.

The use of layered artificial neural networks to accommodate more data and more sophisticated algorithms to identify complex patterns


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