Descriptive Reports
The Significance of Data in Business
Solutions
Understanding Market Dynamics Through Analytics
Maximizing Value through Data Analysis
Data Analysis Fundamentals
Information
Insight Analysis
Interpretations 
Type of Interpretation Description Examples
Descriptive Interpretation Summarizes historical data to understand what has happened
...Sales
reports, customer feedback analysis Diagnostic Interpretation Explains the reasons behind past outcomes
...
The Significance of Data in Business analytics can be classified into four main types: Type Description Example
Descriptive Analytics Analyzes historical data to understand what has happened
...Monthly sales
reports ...
Solutions Several solutions are available to help businesses leverage analytics effectively:
Descriptive Analytics: This solution focuses on understanding historical data
...specialists Infogram User-friendly interface, templates for infographics and
reports Marketers and content creators Plotly Interactive plots, support for multiple programming languages
...
Understanding Market Dynamics Through Analytics categorized into three main types: Type of Analytics Description Applications
Descriptive Analytics Analyzes historical data to identify trends and patterns
...Sales
reports, customer segmentation
...
Maximizing Value through Data Analysis Methodology Description Applications
Descriptive Analysis Summarizes historical data to identify trends and patterns
...Sales
reports, customer behavior analysis Diagnostic Analysis Examines data to understand causes of past outcomes
...
Data Analysis Fundamentals Type of Analysis Description Common Techniques
Descriptive Analysis Summarizes historical data to understand what has happened
...Communicate Findings: Present the findings in a clear and actionable manner, often through
reports or visualizations
...
Information Public Sources Data available to the public Government publications, academic research, industry
reports Private Sources Data that requires permission or payment to access Subscription-based market analysis, proprietary
...Types of Information Information can be classified into several types based on its nature and purpose:
Descriptive Information: Provides insights about past events and trends
...
Insight Analysis are several methodologies employed in Insight Analysis, each suited for different types of data and business needs:
Descriptive Analysis: This methodology focuses on summarizing historical data to understand what has happened in the past
...visualization, dashboard creation, real-time analytics Power BI Interactive
reports, integration with Microsoft products, AI capabilities Google Analytics Web traffic analysis, user behavior tracking, conversion
...
Concepts 1 Types of Business Analytics
Descriptive Analytics: Analyzes historical data to identify trends and patterns
...Reporting: Generating
reports for stakeholders
...
Analyzing Customer Behavior with BI Some of the most common methods include: Methodology Description
Descriptive Analytics Analyzes historical data to identify patterns and trends in customer behavior
...Google Data Studio - A free tool that transforms data into customizable informative
reports and dashboards
...
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