Predictive analytics

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  • Predictive analytics in action: Real-world examples and advice

    Predictive analytics tools can help businesses look ahead to the future, for improved decision-making and competitive advantage over rivals.  However, if your organization is looking to deploy this kind of advanced-level analytics, you will need to m... 

  • What predictive analytics pros don't do

    Issues come from ineffective or nonexistent business intelligence (BI) and data management processes. Read this e-zine to discover the issues, as well as practices many are neglecting. Topics include five overlooked practices of predictive analytics,... 

  • How the power of predictive analytics software impacts the bottom line

    In this e-book, find an in-depth explanation of what predictive analytics is today and and learn about how successful organizations use predictive analytics software to directly impact the bottom line. 

  • Predictive analytics software: The next big thing in BI?

    In this e-book, learn about predictive analytics software and why it’s getting increased attention from prospective users. Read about real-world predictive analytics projects and get expert advice on organizing a predictive analytics program and on d... 

  • polynomial interpolation

    Polynomial interpolation is a method of estimating values between known data points. When graphical data contains a gap, but data is available on either side of the gap or at a few specific points within the gap, an estimate of values within the gap ... 

  • correlation coefficient

    A correlation coefficient is a statistical measure of the degree to which changes to the value of one variable predict change to the value of another. In positively correlated variables, the value increases or decreases in tandem. In negatively corre... 

  • negative correlation

    A negative correlation is a relationship between two variables such that as the value of one variable increases, the other decreases.  Correlation is expressed on a range from +1 to -1, known as the correlation coefficent. Values below zero express n... 

  • positive correlation

    A positive correlation is a relationship between two variables such that their values increase or decrease together. Correlations are ranked on a scale from +1 to -1. In a perfect positive correlation, ranked as +1, an increase or decrease in one var... 

  • causation

    Causation, or causality, is the capacity of one variable to influence another. The first variable may bring the second into existence or may cause the incidence of the second variable to fluctuate. 

  • implicit data

    Implicit data is information that is not provided intentionally but gathered from available data streams. Implicit data contrasts with explicit data, which is data that is provided intentionally, for example through surveys and membership registratio... 

  • data science

    Data science is the study of where information comes from, what it represents and how it can be turned into a valuable resource in the creation of business and IT strategies. 

  • e-score

    The e-score is a consumer rating metric used to to determine an individual's potential value as a customer and to use that information to guide marketing efforts. 

  • descriptive modeling

    Descriptive modeling is a mathematical process that describes real-world events and the relationships between factors responsible for them. 

  • big data analytics

    Big data analytics is the process of examining large amounts of different data types, or big data, in an effort to uncover hidden patterns, unknown correlations and other useful information. 

  • See more Definitions on Predictive analytics
About Predictive analytics

Make sense of the complex predictive analytics and advanced analytics markets with exclusive articles, resources and research studies. Find out how to evaluate and deploy predictive analytics and data analytics software, tools and applications, read recent analytics case studies and learn more about related disciplines such as business intelligence, text mining, data mining, mobile analytics, sales force analysis and retail analytics.