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Difference between What-if,Predicitve and Diagnostics analysis?

Hi Folks

Can anyone kindly explain in-detail regarding What-if,Predicitve and Diagnostics analysis.As i feel all these are almost similar.

Regards,

Varun JM

2 Replies
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Re: Difference between What-if,Predicitve and Diagnostics analysis?

What-if - can be categorized as ad-hoc analysis - like case to case scenario analysis

Diagnostics - can be categorized as root-cause analysis

Predictive - can be categorized as extrapolation / prediction (currently you need to integrate QV with R for this)

Hope this gives you an overview difference between these 3.

Regards

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Re: Difference between What-if,Predicitve and Diagnostics analysis?

Hi Ramachandran

Thanks for clarification.

Do you have any examples for the above mentioned analysis.So that it will help me to gain very clear idea on that.

Regards,

Varun JM

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