Colorado State University Descriptive Predictive and Prescriptive Data Analytics

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avy99

Business Finance

Colorado State University

Description

How would you describe descriptive, predictive, and prescriptive data analytics? What options do we have for data analytic tools? Which option is the best for big data analysis in your opinion and why?

Your document should be 350-500 words and have APA style writing with references.

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Explanation & Answer

Attached.

Running Head: DATA ANALYTICS

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DATA ANALYTICS
By (Name)
Course)
Professor
Institutional affiliation
Date

DATA ANALYTICS

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Data Analytics

Descriptive Analytics
In data analysis, the processes involve stages that specialize in particular forms of data
classification and aggregation. Descriptive analytics is the stage where historical data is
preliminarily summarized to develop effective information and perhaps set up the information for
advanced analysis and interpretation (Dorsey, 2017). The method utilizes reporting, data visuals,
and querying to improve the clarity of patterns and relationships in the data sequences. Descriptive
analytics seeks to find out what happened, for instance, an increase in hotel reviews after an
unfortunate accident.
Predi...

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