What is the difference between analytics and statistics?
A) Analytics includes statistics and other components such as databases, data warehouses, and optimization techniques.
B) Statistics includes analytics and other components such as databases, data warehouses, and optimization techniques.
C) Analytics and statistics are two completely different fields of study.
D) There is no difference; these concepts can be used interchangeably.

Question

Quizplus · Accepted Answer

Analytics encompasses a broader scope than statistics, integrating it with other components like databases, data warehouses, and optimization techniques to analyze and interpret data for decision-making purposes. Statistics is a subset within analytics, focusing on the collection, analysis, interpretation, presentation, and organization of data.

What Is the Difference Between Analytics and Statistics