Diagnostic analytics would be more likely to use these tools in its analysis than other types of analytics?
A) Totals, sums, averages, and subtotals
B) Fuzzy matching, Benford's law, variance analysis
C) Forecasting tools, regression, and classification
D) Goal-seek analysis, what-if analysis

Question

Quizplus · Accepted Answer

Diagnostic analytics often involves techniques like fuzzy matching (to handle data that is not exactly the same but similar), Benford's law (to detect anomalies), and variance analysis (to understand deviations from expected performance), which are more specific to understanding the reasons behind certain outcomes or trends.

Diagnostic Analytics Would Be More Likely to Use These Tools