5 Questions
What is the primary purpose of analytics?
To apply data patterns toward effective decision-making
Which areas are specifically included within analytics?
Descriptive analytics, diagnostic analytics, predictive analytics, prescriptive analytics, and cognitive analytics
What is the estimated global spending on big data and business analytics (BDA) solutions in 2021 according to International Data Corporation?
$215.7 billion
Which fields may benefit from the application of analytics?
Marketing, finance, and management
What is the overall analytic platforms software market growth in 2020 according to Gartner?
$25.5 billion
Test your knowledge about the systematic computational analysis of data and statistics, used for discovering meaningful patterns and making effective decisions. Learn about the application of statistics, computer programming, and operations research in quantifying performance and describing business data.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free