What is Predictive Analytics?
Predictive Analytics

What is Predictive Analytics?

Six Sigma Development Solutions, Inc. Six Sigma Development Solutions, Inc.

Six Sigma Development Solutions, Inc.

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发布日期: 2025年2月14日
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Predictive analytics uses data and algorithms to forecast future events, helping businesses make data-driven decisions. It analyzes past data to predict future outcomes using techniques like machine learning and regression models.


How Predictive Analytics Works?


  1. Requirement Collection: Understand the goal (e.g., predict expiring medicines).
  2. Data Collection: Gather relevant structured or unstructured data.
  3. Data Cleaning: Clean and prepare the data for analysis.
  4. Techniques: Use statistical or machine learning methods to identify patterns.
  5. Predictive Modeling: Create and test models for accuracy.
  6. Deployment: Implement the model and monitor its performance.


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