What are the 4 types of Data Analysis?

The question is about data analysis

Answer:

There are Descriptive, Diagnostic, Predictive, and Prescriptive methods of analysis. The first one describes what has happened; the second explains why it happened; the third predicts what may happen, and the last recommends the appropriate action to take. These approaches enable organizations to interpret and make sense of past events, look out for and prepare for future trends, and finally, make informed decisions.

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