suresh Descriptive analytics involves analyzing past data to understand what has happened in the past. It focuses on summarizing historical data to provide insights into trends and patterns.
Predictive analytics, on the other hand, aims to forecast future outcomes by analyzing past and current data using statistical algorithms and machine learning techniques. It helps organizations make informed decisions based on likely outcomes.
Prescriptive analytics goes a step further by not only predicting future outcomes but also recommending actions to take in order to achieve desired outcomes. It uses advanced algorithms and modeling techniques to optimize decision-making processes.
In summary, descriptive analytics looks at the past, predictive analytics predicts the future, and prescriptive analytics provides recommendations on how to achieve desired outcomes.
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