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Self-Test 5-2: Data Analy 1 try left Match each question and example with the correct data analytics category by dragging each tile and placing it
Self-Test 5-2: Data Analy 1 try left Match each question and example with the correct data analytics category by dragging each tile and placing it in the table below. Data Analytics Category Questions Examples What is happening? Descriptive analytics Computation of accounting ratios Why did this happen? Diagnostic analytics Creation of algorithms that predict whether an Individual or company will pay back their loan to recommend whether a loan should be extended or not. Predictive analytics What might happen in the future? Forecasting future events like stock prices or currency exchange rates. What should be done? Prescriptive analytics Determining causal relationships between IT budget and employee efficiency and effectiveness
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