Financial Reports
Using Data for Decisions
Model
Understanding the Importance of Descriptive Analytics
Collection
Data Analysis for Nonprofit Impact Assessment
Data Insights for Strategic Decision Making
Intelligence
Developing Predictive Models using Data 
Sales forecasting,
financial analysis Classification Assigning items in a dataset to target categories
...records, customer databases) External data (market research, social media) Public data (government statistics, industry
reports) 3
...
Using Data for Decisions Sales
reports,
financial summaries
...
Model They are often used in
reports and dashboards
...Finance:
Financial models are used for valuation, risk assessment, and investment analysis
...
Understanding the Importance of Descriptive Analytics Reporting Generating
reports that summarize key performance indicators (KPIs) and other relevant metrics for stakeholders
...Finance: Summarizing
financial performance metrics to assess profitability and identify cost-saving opportunities
...
Collection Focus Groups Experiments Secondary Data Collection Publications
Reports Online Databases Social Media Observational Data Collection Field Studies Ethnography
...Cost: Gathering data can be resource-intensive, requiring significant
financial investment
...
Data Analysis for Nonprofit Impact Assessment Surveys,
financial reports, program metrics Qualitative Data Descriptive data that provides insights into experiences and perceptions
...
Data Insights for Strategic Decision Making Reporting: Generating
reports that summarize findings and insights for stakeholders
...Finance: Evaluating historical
financial data to assess profitability and manage budgets
...
Intelligence Reporting and Query Tools: Software that enables users to generate
reports and perform ad-hoc queries on data
...Finance: Assessing
financial performance and risk management through predictive analytics
...
Data Analysis for Strategic Resource Allocation information from various sources, including: Internal databases Surveys and questionnaires Market research
reports Financial statements 2
...
Evaluating Data for Strategic Insights Reporting: Creating
reports that summarize findings and insights for stakeholders
...Monitor
financial performance
...
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