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

Zero-Shot Learning is an AI approach that enables models to learn to recognise new classes or concepts without explicit training examples. This is achieved…
Dimensionality Reduction is the process of reducing the number of variables or features in a dataset while retaining its essential information. By eliminating irrelevant…
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…
Robotics involves designing, building, and programming machines that can perform tasks autonomously or interact with humans. By combining AI with physical systems, businesses can…