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ACFE CFE-Investigation Exam - Topic 1 Question 80 Discussion

Actual exam question for ACFE's CFE-Investigation exam
Question #: 80
Topic #: 1
[All CFE-Investigation Questions]

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

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Suggested Answer: B

by Barbra at Feb 12, 2024, 05:50 PM

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Beckie
3 months ago
B makes the most sense; it captures trends and uses stats effectively.
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Trevor
4 months ago
Really? I always thought predictive analytics was just a fancy term for guesswork.
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Vashti
4 months ago
I thought it was more about AI and neural networks?
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Sheron
4 months ago
Totally agree, B is definitely the right choice!
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Catarina
4 months ago
Predictive analytics is all about using historical data for forecasts.
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Blondell
4 months ago
I thought predictive analytics was more about automating tasks, but that sounds more like option A. Still, I think B fits better with what we learned about forecasting.
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Annett
5 months ago
I feel like I’ve seen a question similar to this before, and it was about using data to make predictions. Option B sounds familiar, but I’m hesitant.
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Isadora
5 months ago
I’m not entirely sure, but I remember something about machine learning being involved in predictive analytics. That makes me think option B might be right too.
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Joaquin
5 months ago
I think predictive analytics is all about using historical data to forecast future trends, so I’m leaning towards option B.
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Remedios
5 months ago
Predictive analytics is all about using data and algorithms to forecast future outcomes, so I think B is the clear winner here. The other options don't really capture the essence of predictive analytics.
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Ma
5 months ago
Option B sounds like the most accurate description of predictive analytics. I'll go with that one unless I can come up with a compelling reason why another option might be better.
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Haydee
5 months ago
Hmm, I'm a bit confused by the options. I'll need to think through the differences between predictive analytics, automation, AI, and neural networks to decide which one best fits.
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Dacia
5 months ago
I'm pretty sure the answer is B - the use of historical data, analyses, statistics, and machine learning to build a predictive model.
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Marti
5 months ago
The protocol mismatch between the virtual server (UDP) and the pool member (TCP) seems like the most likely culprit. I'll focus on that first.
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Judy
5 months ago
The issue could be that the Custom Object creation is not wrapped in a Transaction. That's a common gotcha with Custom Objects.
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Delisa
2 years ago
That's true, but predictive analytics is more about forecasting future events rather than just pattern recognition.
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Casandra
2 years ago
I'm not sure, but D also sounds plausible since neural networks can identify complex patterns.
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Antione
2 years ago
I agree with Delisa, B seems like the best description of predictive analytics.
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Delisa
2 years ago
I think the answer is B, because predictive analytics is all about using data to forecast future trends.
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