What type of indicator is calculated when the indicator is viewed?

The option that refers to the type of indicator calculated when the indicator is viewed is indeed a formula indicator. Formula indicators rely on defined formulas that calculate their values dynamically based on the underlying data at the moment of viewing. This means that each time the indicator is accessed, it generates a fresh calculation based on the most current data available.

This characteristic of formula indicators is crucial in analytics, as it allows users to see real-time insights and make data-driven decisions based on the latest information. They differ from static indicators, which maintain a fixed value that does not change over time, and scripted indicators, which are predetermined by scripts and might not be recalculated every time they are accessed. Additionally, index indicators usually refer to a composite measure or aggregated data set and do not specifically relate to calculations activated at the moment of viewing. The dynamic nature of formula indicators makes them essential for responsive analytics.