How is this method applied in a specific business situation

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Reference no: EM133477231

Discussion Post: Exploring Four Data Analytics Types Questions

Explore the concepts of the four main types of data analytics:

a) Descriptive
b) Prescriptive
c) Diagnostic
d) Predictive

Pick one type of data analytics you find most interesting and answer the following questions:

Question I. How is this method applied in a specific business situation? Describe a potential example and the expected use of the results.
Question II. What is at least one advantage and one disadvantage to this analytics method?

Reference no: EM133477231

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