17/05/2026
8 Data Analysis types. Save this
1️⃣ Descriptive analysis:
➣Summarizes key characteristics of a dataset.
➣Uses measures like mean, median, mode, standard deviation, and ➣visualizations (histograms, bar charts) to describe data.
2️⃣ Diagnostic analysis:
➣Investigates the root cause of problems or issues.
➣Analyzes historical data to identify patterns.
➣Understand why things happened.
3️⃣ Predictive analysis:
➣Forecasts future outcomes or trends based on historical data.
➣Uses techniques like machine learning.
➣Relies on statistical modeling, and time series analysis.
4️⃣ Prescriptive analysis:
➣Recommends actions based on data insights.
➣Combines predictive models with optimization.
➣Suggests the best course of action.
5️⃣ Text analysis:
➣Extracts meaningful information from textual data.
➣Includes sentiment analysis, topic modeling, and named entity recognition.
6️⃣ Exploratory data analysis:
➣Uses visual and statistical methods.
➣Summarizes the main characteristics of a dataset.
➣Often, it is the first step in any data analysis project.