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Descriptive Data Analytics

oboloo Glossary

Descriptive Data Analytics

Descriptive data analytics is the process of leveraging quantitative and qualitative digital information to glean insights into existing and real-time performance. It combines descriptive statistics, such as averages and distributions, with analytical processes — including predictive modeling and machine learning algorithms — to identify patterns and trends in data. Descriptive data analytics can reveal how well your business is currently doing, and enable you to make informed decisions about how to improve it for the future.

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