An Overview of business - Analytics Overview
8 important questions on An Overview of business - Analytics Overview
What is descriptive analytics? (or reporting analytics)
What are the various tools are employed in descriptive analytics?
Tools e.g. : Tableau, Dundas BI.
How is descriptive analytics different from traditional reporting?
What is a DW?
How can data warehousing technology help enable analytics?
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What is predictive analytics?
How can organizations employ predictive analytics?
What is prescriptive analytics?
What kind of problems can be solved by prescriptive analytics?
Recommendations in the form of
- specific yes/no decision for a problem.
- a specific amount (e.g. price)
- a complete set of production plans
Define modeling from the analytics perspective
Is it a good idea to follow a hierarchy of descriptive and predictive analytics before applying prescriptive analytics?
How can analytics aid in objective decision making?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
