Predictive Analytics
Subject: Management | Topics:

Predictive analytics is the practice of getting rid of information from current data sets to be able to determine patterns and also predict future results and trends. Predictive analytics is utilized in actuarial research, marketing, financial services, insurance, telecommunications, retail store, travel, healthcare, pharmaceuticals as well as other fields. In business, predictive models exploit patterns present in historical and transactional data to distinguish risks and options.

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