CS Professional · Artificial Intelligence, Data Analytics and Cyber Security - Laws and Practice · Data Analytics
A listed Indian manufacturer studies its past sales records to understand why sales of one product line fell sharply in the last two quarters. Which type of data analytics is mainly being used?
Studying past sales data to find out what happened and why a product line declined is descriptive and diagnostic analytics. It explains historical performance. Predictive analytics forecasts future events, and prescriptive analytics recommends actions, so they do not fit this backward-looking purpose.
- ADescriptive and diagnostic analyticsCorrect
- BPrescriptive analytics
- CPredictive analytics
- DCognitive analytics
Explanation
Looking at past records to understand what happened and why is descriptive and diagnostic analytics. Predictive analytics forecasts future outcomes and prescriptive analytics recommends actions, neither of which is the aim here.
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