Business Analytics and Data and Statistical Methods.

Business Analytics and Data and Statistical Methods.

1. Descriptive analytics: Summarizing data to understand the current state of a business.

2. Predictive analytics: Using data and statistical algorithms to forecast future outcomes.

3. Prescriptive analytics: Recommending actions based on the insights gained from data analysis.

4. Data visualization: Presenting data in visual formats such as charts and graphs to aid in understanding patterns and trends.