Question: Transactional and Analytical Data - Part 2 The two primary types of data are transactional and analytical. Transactional data encompasses all of the data contained
Transactional and Analytical DataPart
The two primary types of data are transactional and analytical. Transactional data encompasses all of the data contained within a single business process or unit of work, and its primary purpose is to support daily operational tasks. Analytical data encompasse organizational data, and its primary purpose is to support the performing of managerial analysis tasks.
The goal of this activity is for you to identify what constitutes transactional and analytical data as it maps to a business.
Instructions: For each item listed below, select whether it is a form of transactional or analytical data.
Quarterlv sales forecast
Industry growth perspective
Hotel reservation
Restaurant receipt
Market trend analysis
Shipping invoice
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
