Analytical Analytical
approaches techniques
Prescriptive analytics
Recommends one or more
courses of action and
shows the likely outcome of
each decision.
Analytical techniques
Analytical Analytical
approaches techniques
Cluster analysis Comparative analysis Descriptive tree Factor analysis Machine learning
The task of grouping a A step-by-step procedure of analytics Used to analyse large A type of artificial
set of objects in such a comparisons and calculations A decision support tool numbers of dependent intelligence which
way that objects in the to detect patterns within very that uses a tree-like variables to detect certain provides computers with
same group (cluster) are large data sets. graph of decisions and aspects of the the ability to learn
more similar, in some their possible independent variables without being explicitly
sense or another, to each consequences including (factors) affecting those programmed.
other than to those in chance event outcomes, dependent variables.
other groups clusters). resource costs and tility.