What is Forecasting in Data Analytics?

Consider the following tasks in an internet business and determine which analytics skill (Reporting, Insight/Root Cause Analysis, Forecasting) is most relevant for each:


  • Task I: Determining the potential sales growth for a new product line over the next year based on historical sales data.

  • Task II: Analyzing this month's website traffic compared to the same period last year to understand current user engagement.

  • Task III: Investigating why there was a significant drop in user retention rate in the last quarter.

Match each task with the appropriate data analytics skill.

Choose the closest answer: