What is descriptive analytics?Question 10Answera.Describes data to define outcomesb.Describes or summarizes existing data to understand current and historical workforcec.Summarized data to analyze why something happenedd.Describes or summarizes data to provide future predictions
Question
What is descriptive analytics?Question 10Answera.Describes data to define outcomesb.Describes or summarizes existing data to understand current and historical workforcec.Summarized data to analyze why something happenedd.Describes or summarizes data to provide future predictions
Solution
Descriptive analytics is a type of business analytics that involves the use of data to provide insight into the past and answer: "What has happened?". It involves the examination of historical data to understand changes over time, identify patterns and trends, and evaluate metrics in different areas. So, the correct answer is:
a. Describes data to define outcomes b. Describes or summarizes existing data to understand current and historical workforce
It does not typically involve predictions about future events, which is more in the realm of predictive analytics. Therefore, options c and d are not correct in this context.
Similar Questions
Descriptive analytics is the process of using data toA) analyze trends.B) predict what will happen in the future.C) determine the break-even point.D) solve linear programming problems.E) determine the best course of action for the future.
What is descriptive analytics?
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