Schneider Potter
07/18/2023 · Middle School
Ilimindandundad 2 of 18 concepts completed (i) Multiple Choice Question What type of analytics includes describing past performance, exploring summary performance statistics, identifying anomalies and outliers, checking assum and detecting patterns? exploratory business analytics confirmatory business analytics
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The type of analytics that includes describing past performance, exploring summary performance statistics, identifying anomalies and outliers, checking assumptions, and detecting patterns is known as **exploratory business analytics**.
Exploratory analytics focuses on analyzing historical data to uncover insights and patterns, while confirmatory analytics typically involves testing hypotheses or confirming assumptions based on existing theories or models.
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Exploratory business analytics includes describing past performance, identifying anomalies, and detecting patterns.
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