Which type of analytics focuses on predicting future outcomes based on historical data and statistical models?(1 Point)a) Descriptive Analyticsb) Predictive Analyticsc) Prescriptive Analyticsd) Diagnostic Analytics

Types of Analytics- Descriptive, Prescriptive, Predictive

The type of analytics that tries to answer how can we make it happen isQuestion 32Answera.Prescriptive Analyticsb.Descriptive Analyticsc.Predictive Analyticsd.Diagnostics Analytics

What is predictive analytics?Question 8Answera.Analysis that looks at historical data to understand what happened in the pastb.Analysis that forecasts future outcomes based on existing and historical data setsc.Analysis that generalizes data to recommend actionsd.Analysis that looks at existing data to determine trends and patterns in the workforce

When you analyze historical data to predict future outcomes what type of Data Analytics are you performing?

How does Predictive Analytics differ from Prescriptive Analytics?It tells what will happen in the future.It suggests ways to handle a possible future scenario.It examines the root causes of an event.It provides current data visualizations