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In the Parable of Sadhu Case, Bowen T

question 65

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In the Parable of Sadhu case, Bowen T. MCoy's friend Steve summed up the dilemma by saying:


Definitions:

Diagnostic Analytics

Diagnostic analytics is the process of examining data to understand the reasons behind past performance, focusing on identifying patterns, correlations, and cause-effect relationships.

Prescriptive

Relating to providing guidance or recommendations on what actions to take, often based on analytical models.

Predictive

Relating to the ability to use known data to forecast the value, trend, or likelihood of an event happening in the future.

Descriptive

Pertains to statistical methods used to summarize, show, or describe data features without drawing conclusions or inferring from the sample to the population.

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