10 Questions
Which type of analytics aims to answer 'Why did it happen'?
Diagnostic Analytics
What type of analytics focuses on 'What happened'?
Descriptive Analytics
What is the focus of Predictive Analytics?
Determining what is likely to happen
Which aspect defines Big Data as difficult to manage and analyze?
Volume, velocity, and variety
What makes the analysis of Big Data difficult?
Traditional databases and data processing tools are sufficient for analysis
Big Data is defined as data sets that are easy to store, manage, process, and analyze using traditional databases and data processing tools.
False
Prescriptive Analytics focuses on what is likely to happen.
True
Descriptive Analytics answers the question 'What can we do to make it happen?'
False
Diagnostic Analytics aims to answer the question 'What happened?'
False
Predictive Analytics deals with understanding 'What is likely to happen?'
True
Explore the broad concept of analytics, encompassing processes, technologies, frameworks, and algorithms to derive valuable insights from data. Learn how raw data is transformed into meaningful information through contextualization and processing.
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