Descriptive analysis focuses on summarizing past data to identify patterns, trends, and key insights. It is often used for business reporting and understanding historical performance.
Technique | Description |
---|---|
Data Aggregation | Summarizes data using statistical measures like mean, median, and mode. |
Data Visualization | Uses graphs, charts, and dashboards to present trends visually. |
Reports & Dashboards | Provides structured reports for business intelligence. |
For example, an e-commerce company may use descriptive analytics to track monthly sales and customer demographics.