What are the 4 types of analytics?
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Ajay Dubey
Types of Analytics Descriptive Analytics Overview: Focuses on summarizing historical data. Purpose: Describes what has happened. Examples: Reports, dashboards, data visualization. Diagnostic Analytics Purpose: Aims to determine why something happened. Approach: Investigates patterns and trends...
read more Types of Analytics Descriptive Analytics Overview: Focuses on summarizing historical data. Purpose: Describes what has happened. Examples: Reports, dashboards, data visualization. Diagnostic Analytics Purpose: Aims to determine why something happened. Approach: Investigates patterns and trends in data. Examples: Root cause analysis, comparative analysis. Predictive Analytics Objective: Forecasts future outcomes based on existing data patterns. Method: Uses statistical algorithms and machine learning. Examples: Forecasting, predictive modeling. Prescriptive Analytics Goal: Recommends actions for specific outcomes. Utilization: Helps in decision-making and strategy planning. Examples: Optimization algorithms, simulation models. UrbanPro's certified tutors specialize in Google Analytics training, covering various analytics types to provide comprehensive insights and coaching in this domain. read less
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