The management of Alset asked you to perform analysis on past financial results to generate forward-looking insights. Which type of data analytics is this an example of

Respuesta :

There are different kinds of analysis. The type of data analytics that this is an example of is Predictive analytics.

What is Predictive analysis?

  • Predictive analytics is simply known as the use of data, statistical algorithms and machine learning methods to know the probability of future occurences using  historical data.

The aim of this analysis is to known more about what has happened to giving  a best assessment of what will take in the future.

Conclusively, with this, the management of Alset will know more about  future financial results.

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