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What are the purposes of descriptive and predictive analytics? Provide examples of tax-related descriptive and predictive analytics and what data a tax accountant might need

What are the purposes of descriptive and predictive analytics? Provide examples of tax-related descriptive and predictive analytics and what data a tax accountant might need in order to perform these types of analyses. 

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Descriptive analytics involves analyzing historical data to understand past trends patterns and relationships Its purpose is to provide insights into ... blur-text-image

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