Descriptive Analytics Is Based on Historical Information, So It Cannot

question 33

True/False

Descriptive analytics is based on historical information, so it cannot be in real-time.

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Definitions:

Z Score

A measure of how many standard deviations an element is from the mean.

Distance From The Mean

The absolute difference between a specific value and the average of all values in a dataset.

Z Scores

Standardized scores that indicate how many standard deviations an element is from the mean of the dataset. They are used in statistics to compare different data points.

Normal Curve

A graphical representation of a distribution where the majority of data points are concentrated around the mean, decreasing in frequency the farther they are from the mean.