Risk Reduction with Predictive Analytics
Predictive analytics, a sophisticated category of data analytics, leverages historical data, algorithm advancements, and machine learning techniques to forecast future…
predictive analytics
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Glossary Entry
Definition
Predictive analytics uses statistical models and machine learning on historical data to forecast trends, risks and customer behavior for proactive decisions.
Understanding Pattern Recognition
Pattern recognition, a cornerstone of artificial intelligence, leverages machine learning to identify and predict hidden or subtle patterns in data[1][2]….