By now, you have likely heard and read about the use of data analytics in business. Management Accounting is no different in terms of the ability to integrate and leverage the power of analytics.There are four main types of analytics as described below (taken from the Journal of Accountancy, August 2016):

Descriptive, Diagnostic, Predictive and Prescriptive Analytics

Required:

1. Consider the various decisions that we have studied in the course. Pick a company that you are interested in and identify a way thatone of the types of analytics above can be used for a decision that is made in management accounting.NOTE: It must be relevant to the course content we have covered (but can be relevant for any content going back to week 1).

Your post should consist of the following:

1)Company: Sleep Country

2)Type of Data Analytic: Descriptive

3)Description of how the analytic can be used: In this section be sure to describe the data that would be required, the type of decision it would be aiding, and the outcome (benefit)

Could you please help me with #3