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

Supervised Learning is a Machine Learning approach where models are trained using labelled data, with both input and output pairs. By learning from the…
Time Series Analysis is an AI technique that analyses data points collected over time. This approach involves detecting trends, patterns, and seasonality in the…
A ChatBot is an AI-powered robot that communicates with users via written or spoken language, helping them with tasks or providing information. It uses…
Cybersecurity in Artificial Intelligence addresses the protection of AI systems from security threats and vulnerabilities. It involves implementing strategies and technologies to safeguard AI…