Data Science R Language notes

Business Analytics

Types of Business Analytics

  1. Descriptive Analytics : First stage of analytics. It is consolidated and summarized data for further analysis.
  2. Predictive Analytics :Descriptive data used to predict the future unforeseen outcomes by data .
  3. Prescriptive Analytics: Best course of action for business activity is suggested by help of data .
    model used here is technique is Optimization Model

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