Descriptive Analytics, Forecasting, Insurance and Prescriptive Analytics

What is data analytics? Analyzing and managing data for decisions

CIO Business Intelligence

JUNE 7, 2022

More specifically: Descriptive analytics uses historical and current data from multiple sources to describe the present state, or a specified historical state, by identifying trends and patterns. In business analytics, this is the purview of business intelligence (BI). It is frequently used for economic and sales forecasting.

Data Analytics

Data Analytics Diagnostic Analytics Management Analytics

Themes and Conferences per Pacoid, Episode 10

Domino Data Lab

JUNE 2, 2019

To do this, first review quantitative decisions being made by staff – for example, settlement prices quoted by insurance claims adjusters. More near-term, Kahneman suggested the use of pre-mortems – also called backcasting, as a contrapositive of forecasting. Measure how these decisions vary across your population.

Data-driven

Data-driven Data Science Machine Learning Modeling

Data Leaders Brief

What is data analytics? Analyzing and managing data for decisions

Themes and Conferences per Pacoid, Episode 10

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