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Making Data Reports Useful: From Descriptive to Predictive

The purpose of analyzing data is to transform it into useful knowledge. Descriptive analytics renders factual information about research and events that can be used to relate an organization’s environment to its activities. However, descriptive analytics alone is not enough to gain understanding and...

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Detalles Bibliográficos
Autor principal: Ma, Alfred C
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Cureus 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7657442/
https://www.ncbi.nlm.nih.gov/pubmed/33194487
http://dx.doi.org/10.7759/cureus.10920
Descripción
Sumario:The purpose of analyzing data is to transform it into useful knowledge. Descriptive analytics renders factual information about research and events that can be used to relate an organization’s environment to its activities. However, descriptive analytics alone is not enough to gain understanding and possibly predict the future. Minding only the output of such an analysis can mislead the researcher and decisionmaker. Because many factors influence results, it is essential to advance the prediction of future challenges through statistical analytics and factual patterns that dictate the environment with scientifically tested models. The data patterns, types of analysis, and attributes the prediction will be based on are all important. Data influenced by unforeseen variables make for poor predictions, such as the evening capacity report data in this study.