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What is Predictive Analytics?

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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

Support Vector Machines

Support Vector Machines (SVMs) are Machine Learning algorithms used for classification and regression tasks. SVMs create decision boundaries and maximise the margin between different…

Neuroevolution

Neuroevolution is a type of AI learning that combines neural networks and evolutionary algorithms. Neuroevolution algorithms evolve neural networks over generations, adapting them to…

Regression Analysis

Regression Analysis is a statistical technique used to determine the relationship between independent variables and a dependent variable. By analysing historical data, businesses can…

Decision Trees

Decision Trees are Machine Learning models that use a branching structure to make decisions or predictions. By determining the most important features and creating…
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