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

Cybersecurity in Artificial Intelligence addresses the protection of AI systems from security threats and vulnerabilities. It involves implementing strategies and technologies to safeguard AI…
Expert Systems are AI systems that emulate human expertise in specific domains. By capturing and codifying human knowledge, Expert Systems assist businesses in decision-making,…
Fuzzy Logic is a mathematical framework that deals with uncertainty and imprecision. By assigning degrees of truth to statements, Fuzzy Logic allows businesses to…
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…