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Costco wants to know how to stock their warehouses for a future pandemic and are using current sales data to help them project the needs. Which kind of analytical technique are they using

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Answer:

Predictive analytics.

Step-by-step explanation:

Predictive analytics can be defined as a statistical approach which typically involves the use of past and present data ( factual informations) in order to determine unknown events or future performances of a business firm or organization. It is focused on determining what is likely to happen in the future.

In this scenario, Costco wants to know how to stock their warehouses for a future pandemic and are using current sales data to help them project the needs.

Hence, the kind of analytical technique Costco are using is predictive analytics.

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