Data analysis can be divided into descriptive, prescriptive and predictive analytics. Descriptive analytics aims to help uncover valuable insight from the data being analyzed. Prescriptive analytics suggests conclusions or actions that may be taken based on the analysis. Predictive analytics focuses on the application of statistical models to help forecast the behavior of people and markets.
This webinar will compare and contrast these different data analysis activities and cover:
- Statistical Analysis – forming a hypothesis, identifying appropriate sources and proving / disproving the hypothesis
- Descriptive Data Analytics – finding patterns
- Predictive Analytics – creating models of behavior
- Prescriptive Analytics – acting on insight
- How the analytic environment differs for each
Kalyan Call Girl 98350*37198 Call Girls in Escort service book now
DI&A Slides: Descriptive, Prescriptive, and Predictive Analytics
1. The First Step in Information Management
www.firstsanfranciscopartners.com
Produced by:
MONTHLY SERIES
Brought to you in partnership with:
March 2, 2017
Descriptive, Prescriptive and Predictive Analytics