Lou Reed is the primary accountant at The Velvet Underground (TVU), a company that manufactures professional grade recording equipment and mixing boards. TVUs sales revenue grew from $250,000 in 2018 to $1 million in 2019, prompting Lou to upgrade his QuickBooks software. By the end of their third year, 2019, TVU had already turned a $150,000 profit. At that time, Lou performed analytics to estimate how promising sales of a new device TVU planned to sell could be. Each time Lou used analytics, he had to access a number of different databases to find all the data he needed.

Which type of data analytics did Lou use?

For Questions 18-19, refer to the following script:

Lou Reed is the primary accountant at The Velvet Underground (TVU), a company that manufactures professional grade recording equipment and mixing boards. TVUs sales revenue grew from $250,000 in 2018 to $1 million in 2019, prompting Lou to upgrade his QuickBooks software. By the end of their third year, 2019, TVU had already turned a $150,000 profit. At that time, Lou performed analytics to estimate how promising sales of a new device TVU planned to sell could be. Each time Lou used analytics, he had to access a number of different databases to find all the data he needed.

Which type of data analytics did Lou use?

Descriptive

Predictive

Prescriptive

Both B and C