Information Systems
Predictive analytics refers to the use of statistical algorithms and machine learning techniques to analyze historical data and make predictions about future outcomes. This process helps organizations anticipate trends, understand customer behavior, and improve decision-making by identifying patterns in data. It combines data mining, modeling, and machine learning to derive actionable insights from large volumes of data, making it essential in various fields including business, healthcare, and technology.
congrats on reading the definition of Predictive Analytics. now let's actually learn it.