Houz Inc Is a Regional Furniture Manufacturer Who Specializes in New

Houz Inc. is a regional furniture manufacturer who specializes in new midcentury replicas at affordable prices. The management and decision makers at Houz gathered data from past years and are performing some analysis. If the company wants to address the change in raw materials costs over the past five years, then what type of data analysis would be most appropriate for that, and why?

A)      Descriptive: they need to know what happened to price over the past five years
B)      Diagnostic: they need to know what caused price changes over the past five years
C)       Predictive: they need to know what is likely going to happen moving forward
D)      Prescriptive: they need to plan what they can do about these changes