List and briefly describe three levels or categories of analytics that are most often viewed as sequential and independent, but also occasionally seen as overlapping.

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Social Studies

Dracula

10 January, 16:34

List and briefly describe three levels or categories of analytics that are most often viewed as sequential and independent, but also occasionally seen as overlapping.

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Maliyah Cummings · Answer 1

Answer and Explanation:

Descriptive or reporting analytics: This involves understanding the various happenings and trends in an organization and identifying the causes of these occurrences.

Predictive analytics: This is geared towards making predictive analysis (likr future occurrence) based on statistical calculations and techniques which fall under data mining.

Prescriptive analytics: recognizes the current situation/happening and the likely forecast and makes decisions based on this to achieve the best performance possible.