Descriptive Reports
Statistical Analysis for Enhancing Decision-Making
Data Insights
Research
Analyzing Big Data for Insights
Data Analysis for Strategic Planning
Analytics
Intelligence
Solutions 
Descriptive Analytics: Solutions that analyze past data to identify trends and patterns
...Reporting Generating
reports to communicate insights and recommendations
...
Statistical Analysis for Enhancing Decision-Making the most common methods include: Technique Description Applications
Descriptive Statistics Summarizing and describing the main features of a dataset
...Sales
reports, customer demographics Inferential Statistics Making predictions or inferences about a population based on a sample
...
Data Insights Type of Insight Description Example
Descriptive Insights Summarizes past data to understand trends
...Monthly sales
reports showing revenue growth
...
Research Types of Research in Predictive Analytics Research in predictive analytics can be categorized into several types:
Descriptive Research: Focuses on summarizing historical data to understand trends
...External Data: Data obtained from outside sources, such as market research
reports, social media, and economic indicators
...
Analyzing Big Data for Insights Method Description Use Cases
Descriptive Analytics Summarizes historical data to identify trends and patterns
...Sales
reports, customer segmentation
...
Data Analysis for Strategic Planning Type of Analysis Description Common Tools
Descriptive Analysis Summarizes historical data to identify trends and patterns
...Business Intelligence (BI) Tools: Software such as Tableau and Microsoft Power BI help visualize data and generate
reports ...
Analytics Types of Analytics Analytics can be broadly categorized into four main types:
Descriptive Analytics: This type focuses on summarizing historical data to understand what has happened in the past
...Reporting Creating
reports that summarize findings and insights for stakeholders to make informed decisions
...
Intelligence Business Intelligence Business intelligence can be categorized into several types, each serving a unique purpose:
Descriptive Intelligence: Focuses on past performance to understand what has happened in the business
...Reporting and Query Tools: Software that enables users to generate
reports and perform ad-hoc queries on data
...
Insight Framework involves gathering data from various internal and external sources, such as: Customer databases Market research
reports Social media platforms Sales records Website analytics Effective data collection ensures that organizations have access to comprehensive datasets that can be
...analytical techniques to extract insights, including: Technique Description
Descriptive Analysis Summarizes historical data to identify trends
...
Analytics Types of Analytics Analytics can be categorized into several types, each serving a distinct purpose:
Descriptive Analytics: This type focuses on summarizing historical data to identify trends and patterns
...Reporting: Creating
reports that summarize the analysis and provide recommendations for action
...
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