Predictive Modelling

Predictive Modelling is a common statistical method used to forecast behavior. A type of data-mining technology called predictive modeling solutions creates a model by evaluating both recent and historical data. This model is then used to better predict outcomes.

Predictive modeling involves gathering data, creating a statistical model, making predictions, and validating (or updating) the model when new data becomes available.

SHARE

Related Links

In the fast-paced world of marketing, precise targeting and actionable insights are essential. Campaign managers often…

E-commerce platforms are fast-paced and handle a huge number of transactions. Based on our engagement with…

Scroll to Top