What is Diagnostic Analytics
Analysis of event causes
Diagnostic Analytics is a type of business analytics that helps understand why an event occurred by identifying cause-and-effect relationships in data.
How It Works
- Analysis of correlations between metrics
- Drill-down into data
- Comparison of periods and segments
- Anomaly and deviation detection
- Building cause-and-effect chains
Analysis Methods
- Correlation Analysis — finding relationships between variables
- Regression Analysis — assessing factor influence
- Root Cause Analysis — finding problem root causes
- Cohort Analysis — comparing user groups
- A/B Testing — hypothesis testing
Application Examples
- Why did sales drop in a specific region?
- What caused increased website bounce rates?
- Which factors led to customer churn?
- Why did advertising conversion decrease?
Place in Analytics Chain
Descriptive (what happened) → Diagnostic (why) → Predictive (what will happen) → Prescriptive (what to do)