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

Reinforcement Learning is a branch of AI that focuses on training agents to make decisions through trial and error in a specific environment. By…
Natural Language Generation is an AI technique that converts structured data into human-like text. NLG systems use Machine Learning algorithms to understand the data…
Ethics in AI focuses on the responsible and ethical use of AI technologies. Businesses must consider the fairness, transparency, accountability, and privacy implications of…
Multi-Agent Systems are AI systems where multiple autonomous agents interact and collaborate to accomplish a goal. These agents can be software programs, robots, or…