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Which type of analytics would be associated with forecasting future sales amounts for a company? prescriptive diagnostic descriptive predictive

Sagot :

Predictive sales analytics utilizes sales data to determine patterns in customers' and leads' behaviors to create future sales predictions.

What are descriptive predictive and prescriptive analytics?

Descriptive Analytics means what happened in the past. Diagnostic Analytics allows you to comprehend why something happened in the past. Predictive Analytics indicates what is most probably to happen in the future. Prescriptive Analytics suggests actions you can take to influence those outcomes.

What is prescriptive analytics used for?

Prescriptive analytics is the process of using data to select an optimal course of action. By considering all appropriate factors, this type of analysis catches suggestions for the next steps. Because of this, prescriptive analytics is a useful tool for data-driven decision-making.

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