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Data analysts leverage four key types of analytics in their work: Prescriptiveanalytics: Advising on optimal actions in specific scenarios. Diagnostic analytics: Uncovering the reasons behind specific occurrences through pattern analysis. JPMorgan Chase & Co.:
All of the above points to embedded analytics being not just the trendy route but the essential one. Users Want to Help Themselves Datamining is no longer confined to the research department. Today, every professional has the power to be a “data expert.” Predictive Analytics: If x, then y (e.g.,
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