Explain PREDICTIVE ANALYTICS: The analysis of data to predict future events, typically to aid in business planning. This incorporates predictive modeling and other techniques. Machine learning might be considered a set of algorithms to help implement predictive analytics. The more business-oriented spin of “predictive analytics” makes it a popular buzz phrase in marketing literature. See also predictive modeling, machine learning, SPSS.
Different definitions in web development like predictive analytics in Dictionary P.
- Manual Pivot Table:
- Meaning quickly summarize long lists of data, without requiring you to write a single formula or copy a single cell. But the most notable feature of pivot tables is that you can arrange them dynamically. Say predictive analytics definition.
- Manual P Value:
- Meaning probability, under the assumption of no effect or no difference (the null hypothesis), of obtaining a result equal to or more extreme than what was actually observed.”[goodman] “It’s a measure of predictive analytics explain.
- Manual Predictive Modeling:
- Meaning The development of statistical models to predict future events. See also predictive analytics, model predictive analytics what is.
- Manual Probability Distribution:
- Meaning distribution for a discrete random variable is a listing of all possible distinct outcomes and their probabilities of occurring. Because all possible outcomes are listed, the sum of the probabilities predictive analytics meaning.
- Manual Pandas:
- Meaning A Python library for data manipulation popular with data scientists. See also Python predictive analytics abbreviation.