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In this discussion, you will be asked to analyze the role of statistics in predictive analytics, and provide examples. Note, that statistical techniques can be
In this discussion, you will be asked to analyze the role of statistics in predictive analytics, and provide examples. Note, that statistical techniques can be used in predictive analytics, however, they may have other use.
Directions:
In your initial post illustrate specificity of using statistics for predictive analytics. Provide at least two real-world or academic examples of predictive analytics methods that will be described by:
- Source of data
- What is being predicted
- Statistical methods used for prediction.
- Reference to description of the case (how you have learned about it).
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