Reflect on your study of Chapters 1 and 3-7, which covered the basics of business analytics and descriptive analytics. Discuss the history, importance, and relevance of business analytics in the Data Era.Having been exposed to descriptive and inferential statistics in this block of study, discuss the difference between these two branches of statistics and the role of probability in linking descriptive statistics to inferential statistics.Conclude by discussing how you would envision descriptive and inferential statistics being used in the business decision making cycle.