Question: Predictive analytics include a variety of statistical techniques such as regression analysis and time-series forecasting techniques that analyze current and historical data to make predictions
Predictive analytics include a variety of statistical techniques such as regression analysis and time-series forecasting techniques that analyze current and historical data to make predictions about future events Read the Analytics in Practice highlights at Procter & Gamble (Evans, p. 289), Aramark (Evans, pp. 304-305), L.L.Bean (Evans, p. 326) and NBCUniversal (Evans, pp. 350-351). (a) Applying insights from these profile highlights, what did you learn about predictive analytics? (b) Modeling after one of the above profile highlights, how would you apply predictive analytics in your personal or professional life? Alternatively, research and report on another predictive analytics application.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
