BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -There are three types of analytics that businesses use to drive their decision making; descriptive analytics, which tell us what has already happened; predictive analytics, which show us what could happen, and finally, prescriptive analytics, which inform us what should happen in the future.

Detailed explanation-2: -What Is Descriptive Analytics? Descriptive analytics is the interpretation of historical data to better understand changes that have occurred in a business. Descriptive analytics describes the use of a range of historic data to draw comparisons.

Detailed explanation-3: -The four most popular types of business analytics are descriptive, diagnostic, predictive, and prescriptive.

Detailed explanation-4: -Descriptive analytics is a type of data analytics that looks at past data to give an account of what has happened. Results are typically presented in reports, dashboards, bar charts and other visualizations that are easily understood.

Detailed explanation-5: -Descriptive analytics answers the question of what happened.