In less than 250 words argue about different types of business analytics including descriptive, predictive

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Question 1

In less than 250 words argue about different types of business analytics including descriptive, predictive and prescriptive analytics. Your arguments should include the following points

  • A brief explanation of each type of business analytics.
  • Advantages and disadvantages associated with each type.
  • How different types of business analytics can be used together?

Note: References are not compulsory. However, using them can improve your arguments.

Note: You can refer to class discussions or lecturer slides and/ or notes for answering this question.

Note: reference list is not included in the word count

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