Explanation:
Cutting cost of sales by at least 5 percent over the next two quarters requires prescriptive analysis to determine the actions you should take to meet that goal. This type of analysis is the goal of prescriptive analysis. Prescriptive analysis is used to help answer questions about what actions should be taken to achieve a goal or target Descriptive analysis would be used to see the correlation between advertising campaigns and recent orders. Descriptive analysis answers questions about what has happened based on historical data and can include complex relationships.
Predictive analysis would be used to determine when to rotate stock from summer to fall items.
Predictive analysis is used to help answer questions about the future by using historic data to identify trends.
None of the questions are based on a scenario in which you would use diagnostic analysis.
Diagnostic analysis looks into why things happen by identifying and analyzing data anomalies.
For example, you might use diagnostic analysis to investigate a sudden, unexpected increase in sales of camping equipment.