Descriptive Analytics (Descriptive Statistics) Market - Global Industry Analysis, Size, Share, Growth, Trends Forecast Up to 2024
There are three types of data analytics: descriptive, predictive, and prescriptive. Descriptive analysis (descriptive statistics), as the name suggests, "describes" or summarizes raw data and makes it interpretable to humans. Descriptive analytics describes the past. It uses data aggression and data mining techniques to get an insight into the past and tries to answer the question, "What has happened?" These insights help the business make better plans and succeed in the future. Descriptive statistics summarizes the sample and the observations...
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