Topic 07: Business Analytics

At the completion of this topic, you should be able to:

Define and provide appropriate examples of business analytics

Explain, using examples, the differences between descriptive, predictive and prescriptive analytics

Provide examples of the use of different types of reports

Perform various analytics techniques on given data sets

Sample Exam Questions:

Using examples, list two desirable functionalities of a reporting tool.

Give an example of how visualization can assist with decision making.

Describe the differences between a metric management report and a dashboard.

Provide an example of each of the following: descriptive analytics, predictive analytics, prescriptive analytics

Provide an example of how insight is provided by analytics.