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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

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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…

Viterbi Algorithm

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Virtual Reality

Virtual Reality (VR) allows users to experience and interact with artificial, computer-generated environments. By immersing users in virtual worlds, businesses can create engaging and…

Decision Trees

Decision Trees are Machine Learning models that use a branching structure to make decisions or predictions. By determining the most important features and creating…
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