1. (Portion 1)
This week’s required readings explain the role that analytics
plays in the modern business environment. Consider the
following questions and respond in a minimum of 175 words:
How is data analytics different from statistics?
Analytics tools fall into 3 categories:descriptive, predictive, and
prescriptive. What are the main differences among these
categories?
Explain how businesses use analytics to convert raw operational
data into actionable information. Provide at least 1 example.
Consider the organization you work for (or another organization
you’re familiar with). Does this organization use data
analytics?If so, how is it used? If not, how could the
organization use data analytics to improve its performance?
Word count = 250
(portion 2)
Reply to two students - !50 words EACH = 300.
Due tonighT!