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Predictive Data Analytics

Predictive data analytics uses current and past data to let you make predictions about the future or other unknowns. You can see the likelihood of a coming event or a specific situation, given the data being analyzed.

What is predictive analytics used for?

Predictive analytics is the branch of the advanced analytics which is used to make predictions about unknown future events. Predictive analytics uses many techniques from data mining, statistics, modeling, machine learning, and artificial intelligence to analyze current data to make predictions about future.

What is predictive analytics in big data?

Predictive analytics is an enabler of big data: Businesses collect vast amounts of real-time customer data and predictive analytics uses this historical data, combined with customer insight, to predict future events.

What is the purpose of predictive data analytics?

Predictive Data analytics as the name suggests enables one to predict any event on the basis of past data about the event using statistical data modeling to be fairly accurate in finding patterns about the data. See the full article for more details.

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