Final answer:
Decision makers use different types of analytics, such as descriptive, diagnostic, predictive, and prescriptive, to answer different questions about their decision-making process.
Step-by-step explanation:
The different types of questions that decision makers might ask require different levels and types of analytics. The four levels or types of analytics are descriptive, diagnostic, predictive, and prescriptive.
For example, a descriptive analytics question might ask: What happened in the past? This type of question focuses on summarizing historical data and providing insights into past events or trends.
A diagnostic analytics question might ask: Why did it happen? This type of question delves deeper into the causes and factors that led to the past events or trends.
A predictive analytics question might ask: What is likely to happen in the future? This type of question uses historical data and statistical models to forecast future outcomes and trends.
A prescriptive analytics question might ask: What should be done to achieve a desired outcome? This type of question involves recommending the best course of action to achieve specific goals or objectives based on data analysis and optimization techniques.