What is a reporting statement?
- An explanation of what insights the report will show and the data needed to build it
- A characteristic or attribute that provides additional context or categorization to the data being analyzed
- An explanation or prediction that serves as a starting point for further investigation or experimentation
- A piece of descriptive information or data that provides context and additional details about a particular piece of data
Explanation: A reporting statement is an explanation of what insights the report will show and the data needed to build it. In the context of data analysis and reporting, a reporting statement provides a clear overview of the objectives and scope of the report, outlining the specific insights or findings that the report aims to convey. Additionally, it identifies the data sources, metrics, and dimensions required to generate those insights, ensuring that the report is based on relevant and accurate data. By clearly defining the reporting statement, stakeholders can understand the purpose of the report and its intended audience, facilitating effective communication and decision-making based on the insights presented. Therefore, selecting ‘an explanation of what insights the report will show and the data needed to build it’ accurately describes the role and function of a reporting statement in the context of data analysis and reporting processes.