Label each of the following examples of predictive analytics techniques as classification, regression, or time series analysis.
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Label each of the following examples of predictive analytics techniques as classification, regression, or time series analysis.
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Example of Predictive Analytics Loan acceptance/loan rejection Interest rate given to borrowers Bankruptcy prediction Prediction of sales levels given research and development budgets Customer segmentation Using past product demand to forecast future product demand Fraud or no fraud expected in financial statements Using past company sales to forecast future company sales Classification, Regression, or Time Series?
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Related Book For
Introduction To Business Analytics
ISBN: 9781265454340
1st Edition
Authors: Vernon Richardson, Marcia Watson
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