4 Types of Data analytics and their Business Applications

Every day humans create 2.5 quintillion bytes of data. We consume this data through the application of data analytics.

There are 4 Data analytics types we use for different business applications
The first one is Descriptive analytics: Helps to answer the question, What has happened?
and Diagnostic Analytics: We use it to answer the question, Why Did it happen?
and Predictive analytics: Help us to know the future, what could happen? and finally, the fourth one is
Prescriptive Analytics: This answer and prepare for the question, of what action could be taken.

Data analytics courses