Which of the 4 types of big data analytics answers the question what is likely to happen next?
- What are the 4 different kinds of big data analytics?
- What type of analytics questions are likely to happen?
- What are the 4 types of data analytics tools that when applied to big data gives a proactive business insight for strategic managers business & customers?
- Which types of analytics can predict what might happen in the future?
What are the 4 different kinds of big data analytics?
There are four main types of big data analytics: diagnostic, descriptive, prescriptive, and predictive analytics.
What type of analytics questions are likely to happen?
Predictive Analytics is another type of advanced analytics that looks to use data and information to answer the question “What is likely to happen?”.
What are the 4 types of data analytics tools that when applied to big data gives a proactive business insight for strategic managers business & customers?
As it happens, the more complex an analysis is, the more value it brings.Descriptive analytics. Descriptive analytics answers the question of what happened. ... Diagnostic analytics. ... Predictive analytics. ... Prescriptive analytics.
Which types of analytics can predict what might happen in the future?
Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. The science of predictive analytics can generate future insights with a significant degree of precision.
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