Question: Which type of data analytics would involve using advanced algorithms and machine learning techniques to forecast future sales trends based on the historical sales data

Which type of data analytics would involve using advanced algorithms and machine learning techniques to forecast future sales trends based on the historical sales data and other relevant factors?
Descriptive analytics
Diagnostic analytics
Predictive analytics
Prescriptive analytics

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 Programming Questions!