Predictive analytics refers to
A)using an approach to understand what has happened
B)focusing on what is likely to happen
C)determining what should be done in the future
D)identifying what changes should happen

Question

Quizplus · Accepted Answer

Predictive analytics involves using data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data. The focus is on predicting what is likely to happen in the future, rather than just understanding what has happened in the past (choice A). While it may inform what should be done in the future (choice C) or what changes should happen (choice D), the primary goal is to predict future outcomes.

Predictive Analytics Refers to