Analytics

Question 1

Uses techniques like pie chart, bar chart, tables, line graphs, generate

Analytic type that helps answer what happened. It uses visualization techniques.

Answer 1

Descriptive Analytics

Question 2

Uses techniques like: Drill down, Data discovery, Data mining, Correlati

Analytic type that helps to answer why it happened.

Answer 2

Diagnostic Analytics

Question 3

Uses techniques like ML, Forecasting, Pattern matching, Predictive model

Analytic type that helps answer what might happen in the future

Answer 3

Predictive Analysis

Question 4

One of the techniques used to help with Predictive analytics.

What model is it when you are predicting future events by analyzing patterns with input data

Answer 4

Predictive Modeling

Question 5

It uses techniques like Graph, Simulation, Complex event processing

Analytic Type that recommends actions to the predicted outcome.

Answer 5

Prescriptive Analytics

Prescriptive analytics recommends actions to the predicted outcome. It u

Question 6

Which type of analytics is best used to determine what data might look like next year?

Answer 6

Predictive analytics

Question 7

Which type of analytics is best used to recommend a course of action for a projected outcome?

Answer 7

Prescriptive analytics