Descriptive analytics is best described with a report that includes charts and graphs explaining the data.
<h3>What Is Descriptive Analytics?</h3>
The interpretation of historical data through descriptive analytics helps to better comprehend changes that have taken place in a firm. The process of using a variety of historical data to make comparisons is known as descriptive analytics.
In contrast to the complicated calculations required for predictive and prescriptive analytics, descriptive analytics typically uses simple math and statistical methods, such as arithmetic, averages, and percent changes. Since results are presented using visual tools like line graphs, pie, and bar charts, descriptive analytics may - and should - be easily comprehended by a broad corporate audience.
Therefore, a report with charts and graphs illuminating the data is the best way to describe descriptive analytics.
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Answer:
The cost assigned to leashes for supervising is $180,000
Explanation:
Estimated Overhead Cost Drivers Overhead Rates
$ 260,000.00 130,000 $ 2.00 Per Order
$ 400,000.00 800,000 $ 0.50 per Part
$ 300,000.00 25,000 $ 12.00 Per Hour
Labor hours for the leashes is 15,000 hours
Cost assigned to leashes for supervising = 15,000 x 12 = $180,000
Answer:
a) Statistical.
Explanation:
The three standard sections of a governmental comprehensive annual financial report are:
- Introductory
- Financial: includes financial statements and notes
- Statistical: include statistical data about relevant financial information and trends, and how they relate to government activities
Ratio, I did the same question before.
