Predictive Analytics: Harnessing Historical Data for Accurate Future Forecasts
D.
3/11/2023
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T.
11:29am
Forecasting future events and trends is possible using predictive analytics. The results of this approach include better efficiency, reduced risks, and better outcomes due to better decision-making based on data-driven insights. In predictive analytics models, patterns and correlations are identified by examining past data. The models then use them to predict future events, such as sales trends or customer behavior.
