Question: Write a response to the following questions in a minimum of 500 words. Your readings in this module will inform your answers. How is data

Write a response to the following questions in a minimum of 500 words. Your readings in this module will inform your answers.

  • How is data analytics different from statistics?
  • Analytics tools fall into three categories: descriptive, predictive, and prescriptive. What are the main differences among these categories?
  • Explain how businesses use analytics to convert raw operational data into actionable information. Provide at least one example.
  • Consider the organization you work for (or any other organization youre familiar with). Is data analytics used by this organization? If so, how is it used? If not, how could data analytics be used to improve the organizations performance?

Please list references.

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