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Transactional and Analytical Data-Part 2 The two primary types of data are transactional and analytical. Transactional data encompasses all of the data contained within a
Transactional and Analytical Data-Part 2 The two primary types of data are transactional and analytical. Transactional data encompasses all of the data contained within a single business process or unit of work, and its primary purpose is to support daily operational tasks. Analytical data encompasses all organizational data, and its primary purpose is to support the performing of managerial analysis tasks. The goal of this activity is for you to identify what constitutes transactional and analytical data as it maps to a business. Instructions: For each item listed below, select whether it is a form of transactional or analytical data. 1. Quarterly sales forecast (Click to select) 2. Industry growth perspective. (Click to select) 3. Hotel reservation (Click to select) 4. Restaurant receipt (Click to select) 5. Market trend analysis (Click to select) 6. Shipping invoice (Click to select)
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