Respuesta :
Kohl's is using big data analytics to determine which products to stock and at what prices, how to manage markdowns, and how to advertise to draw target customers.
What is data analytics?
Analyzing data collections to identify trends and make judgments about the information they contain is known as data analytics (DA). Data analytics is increasingly carried out with the use of specialist hardware and software. Every time we make a decision in daily life, as a simple example of data analysis, we consider what happened previously or what would happen if we make that particular choice. This is nothing more than evaluating the past or the future and making choices in light of it. A significant amount of data is processed at various phases of business analytics, and there are five major types of analytics: descriptive, diagnostic, predictive, prescriptive, and cognitive.'
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