I need help answering these questions about the TJX company

Descriptive Analysis (what has happened)

o Characterization of historical behavior, potentially interesting to read but not necessarily supporting any decision making.

Diagnostic Analysis (why did it happen)

o Using the descriptive data to make determinations that may not be overtly available otherwise.

o Asking questions that include facts about the current situation that can help reveal where the problems and possible solutions might exist.o Per the above, answering questions regarding the relationships between variables and observing patterns of behavior.

Predictive Analysis (what would happen)

o Predict behavior given a new set of variables or circumstances, and an understanding of the credibility of the prediction.

Prescriptive Analysis (what should happen)

o The effects or implications of your problem could drive the type of pay-off needed to resolve the problem, and lead to alternative types of explicit outcomes that might be desired. o What combinations or behavior of variables would provide the most desirable outcomes? o What is the level of credibility and acceptability of the result?