Last Updated on May 5, 2023 by Admin
What is an example of descriptive data analysis?
- predicted oil price increases
- control of highway traffic signals
- an hourly traffic report for a highway
- a weather forecast description
Answers Explanation & Hints:
An example of descriptive data analysis is an hourly traffic report for a highway.
Descriptive analytics refers to the analysis of historical data to gain insights and understand what has happened in the past. In this case, an hourly traffic report for a highway is an example of descriptive data analysis because it provides information about the current state of the system (i.e. the traffic on the highway) based on historical data. The report describes the traffic conditions and provides information about what has happened in the past hour.
Predicted oil price increases is an example of predictive analytics, which involves using historical data and statistical models to make predictions about the future. Control of highway traffic signals and weather forecast description are examples of prescriptive analytics, which provides recommendations or actions to take based on the analysis of historical data.