This week is about predictive analytics. Linear regression, for instance, uses past information to make "predictions" about the future. For example, a leader in operations might use predictive analytics to use manufacturing tolerance information to predict if future manufacturing runs will be within specifications. There are also predictive analytic applications within other functions. Within the framework of your major (i.e., management, human resource management, marketing), propose a specific predictive analytic application. Topics for discussion could include:

• The benefit of using predictive analytics for the application
• Limitations of predictive analytics for the application
• Other analytic tools or techniques that might also address the application