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

Genetic Algorithms are optimisation techniques inspired by the principles of evolution. By mimicking natural selection, Genetic Algorithms explore a large search space and find…
Pattern Recognition is an AI technique that recognises patterns and structures in data. This approach involves identifying common features or characteristics and using these…
Reinforcement Learning is a branch of AI that focuses on training agents to make decisions through trial and error in a specific environment. By…
One-Shot learning is an AI approach that enables models to learn from only one or a few examples. This approach is advantageous in tasks…