Which approach places priority on comparing actual results to targets established by an organization?
Performance analysis
Hypothesis testing
Trend analysis
Exploratory data analysis
Performance analysis focuses on measuring outcomes against set benchmarks to identify gaps or areas of success. Trend analysis concentrates on changes over time and may not align those changes with specific targets. Exploratory data analysis draws insights from data without tying the insights to predefined objectives. Hypothesis testing is used to evaluate a claim about data and does not directly compare results to organizational goals.
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