4 types of Data Analytics: Descriptive, Diagnostics, Predictive and Prescriptive Analytics

Описание к видео 4 types of Data Analytics: Descriptive, Diagnostics, Predictive and Prescriptive Analytics

Descriptive analytics answers the question of what happened. Diagnostic analytics gives in-depth insights into a particular problem. Predictive analytics tells what is likely to happen. The purpose of prescriptive analytics is to literally prescribe what action to take to eliminate a future problem or take full advantage of a promising trend.
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