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Categories of Analytics Direction: Read and understand the following questions below and provide your answers according to the requirements. In answering the questions, you
Categories of Analytics Direction: Read and understand the following questions below and provide your answers according to the requirements. In answering the questions, you may use the course materials as reference, and do some internet research. Be sure that your answers are unique from others. Requirements: As shown below, there are there (3) categories of analytics and in each category are the different analytical tools included. Do a research about each of the analytical tools. For each analytical tool, provide a description and give at least one example of a technique used. (one mark for each analytical tool and one mark for each technique.) Competitive Advantage Optimization Decision Analysis Prescriptive Simulation Predictive Modeling Forecasting Predictive Data Mining Descriptive Statistics Data Visualization Data Query Standard Reporting Degree of Complexity Source: Adapted from SAS. Descriptive
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