📝 One-liners · 92 cards

Business analytics as management tool

Descriptive — Looks at / Question / Banking example?
Looks at: Past data; Question: What happened?; Banking example: Monthly NPA dashboard
Diagnostic — Looks at / Question / Banking example?
Looks at: Past data; Question: Why did it happen?; Banking example: Loan default root-cause analysis
Predictive — Looks at / Question / Banking example?
Looks at: Future; Question: What is likely?; Banking example: Credit-card fraud scoring
Prescriptive — Looks at / Question / Banking example?
Looks at: Future; Question: What should we do?; Banking example: Dynamic loan pricing
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