What is predictive modeling and how does it work?

What is predictive modeling and how does it work?

HomeEye on TechWhat is predictive modeling and how does it work?
What is predictive modeling and how does it work?
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Predictive modeling is a mathematical process that aims to predict future events based on past behavior. It is the core function of predictive analytics applications; it works by analyzing data to identify patterns and then using those patterns to create algorithms that train data scientists. Learn more in this video.

Read more:
What is predictive modeling ️ https://www.techtarget.com/searchenterpriseai/definition/predictive-modeling
ROI from predictive analytics ️ https://searchbusinessanalytics.techtarget.com/post/How-predictive-and-prescriptive-analytics-impact-the-bottom-line?

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