What is Predictive Analytics?

Skill Level:

Predictive Analytics uses historical data and statistical modelling techniques to make predictions about future outcomes. By analysing patterns and trends within data, businesses can gain valuable insights and make informed decisions. Predictive analytics helps organisations optimise operations, anticipate customer behaviour, and drive growth.

Other Definitions

Recommender Systems are AI systems that provide personalised recommendations to users based on their preferences and previous behaviour. These systems analyse large amounts of…
A convolutional neural network is a powerful deep learning model designed for processing and analysing visual data. It excels in tasks such as image…
Data Preprocessing involves preparing and cleaning raw data before analysis. By removing noise, selecting relevant features, and addressing missing values, businesses can ensure data…
Humanoid Robots are advanced machines designed to resemble and interact with humans in a human-like manner. These robots are equipped with AI capabilities that…