BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -One example of diagnostic analytics that requires using a software program or proprietary algorithm is running tests to determine the cause of a technology issue. This is often referred to as “running diagnostics” and may be something you’ve done before when experiencing computer difficulty.

Detailed explanation-2: -There are four types of analytics, Descriptive, Diagnostic, Predictive, and Prescriptive.

Detailed explanation-3: -Diagnostic analytics is a form of advanced analytics that examines data or content to answer the question, “Why did it happen?” It is characterized by techniques such as drill-down, data discovery, data mining and correlations.

Detailed explanation-4: -Email automation is a clear-cut example of prescriptive analytics at work. Marketers use email automation to sort leads into categories based on their motivations, mindsets, and intentions and deliver email content to them based on those categories.