Final answer:
OLAP (Online Analytical Processing) allows users to explore and compare data across multiple factors, slice and dice data to uncover new insights, drill down to find more detailed information, and view data in various dimensions.
Step-by-step explanation:
OLAP (Online Analytical Processing) is a technology used for analyzing and querying multidimensional data from different perspectives.
Tasks that can be performed using OLAP include:
- Explore and compare data across multiple factors such as time, geography, and product lines.
- Slice and dice data to uncover new insights.
- Drill down to uncover new insights.
- View various dimensions of analysis in rows and columns, with summary values at the intersection.
OLAP is often used in business intelligence and data warehousing applications.