CS Professional · Artificial Intelligence, Data Analytics and Cyber Security - Laws and Practice · Data Analytics
A listed company's secretarial team runs software that scans board minutes, related-party transaction registers and filings to flag entries that deviate sharply from historical patterns for further review. Which type of analytics is primarily being used?
The software is using anomaly or outlier detection, a diagnostic analytics technique. It highlights records that depart from historical patterns so compliance staff can investigate the cause, unlike simple descriptive counts, share price forecasting or dividend optimisation, none of which the scenario describes.
- AAnomaly (outlier) detection as a form of diagnostic analyticsCorrect
- BPrescriptive optimisation of dividend payout
- CDescriptive reporting limited to counting the number of meetings
- DPredictive forecasting of the next year's share price
Explanation
Flagging records that deviate sharply from normal patterns is anomaly or outlier detection, which supports diagnostic review of why something looks unusual. Counting meetings is only descriptive. Forecasting share price and optimising dividends are different objectives not described in the scenario.
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