Businesses analyze various types of historical data, including:
Sales Data: Information about past sales, including volume, revenue, and customer demographics. Financial Data: Historical financial statements, including income statements, balance sheets, and cash flow statements. Operational Data: Data related to business operations, such as production metrics, supply chain information, and inventory levels. Market Data: Data on industry trends, competitor performance, and economic indicators. Customer Data: Information about customer behavior, preferences, and feedback.