Wiley & sas business Series

                                                                   Glossary 
        Advanced Analytics  
  A subset of analytical techniques that, among other things, often uses 
statistical methods to identify and quantify the infl uence and signifi cant 
of relationships between items of interest, group similar items together, 
create predictions, and identify mathematical optimal or near-optimal 
answers to business problems. 
   Agent-Based Modeling  
  A computationally driven modeling approach that simulates the local 
interactions of autonomous agents with the goal of monitoring global 
outcomes.