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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

Knowledge-Based Systems

Knowledge-Based Systems are AI systems that utilise domain-specific knowledge and rules to make informed decisions or provide expert advice. These systems incorporate human expertise…

Pattern Recognition

Pattern Recognition is an AI technique that recognises patterns and structures in data. This approach involves identifying common features or characteristics and using these…

Time Series Analysis

Time Series Analysis is an AI technique that analyses data points collected over time. This approach involves detecting trends, patterns, and seasonality in the…

Supervised Learning

Supervised Learning is a Machine Learning approach where models are trained using labelled data, with both input and output pairs. By learning from the…
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