How is this method applied in a specific business situation

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Reference no: EM133478655

Case: Explore the concepts of the four main types of data analytics:

Descriptive
Prescriptive
Diagnostic
Predictive
Pick one type of data analytics you find most interesting and answer the following questions:

Question 1: How is this method applied in a specific business situation? Describe a potential example and the expected use of the results.

Question 2: What is at least one advantage and one disadvantage to this analytics method?

Reference no: EM133478655

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