Question: Self-Test 5-2: Data Analy 1 try left Match each question and example with the correct data analytics category by dragging each tile and placing it

 Self-Test 5-2: Data Analy 1 try left Match each question and

Self-Test 5-2: Data Analy 1 try left Match each question and example with the correct data analytics category by dragging each tile and placing it in the table below. Data Analytics Category Questions Examples What is happening? Descriptive analytics Computation of accounting ratios Why did this happen? Diagnostic analytics Creation of algorithms that predict whether an Individual or company will pay back their loan to recommend whether a loan should be extended or not. Predictive analytics What might happen in the future? Forecasting future events like stock prices or currency exchange rates. What should be done? Prescriptive analytics Determining causal relationships between IT budget and employee efficiency and effectiveness

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!