Database Systems: Design, Implementation, & Management
12th Edition
ISBN: 9781305627482
Author: Carlos Coronel, Steven Morris
Publisher: Cengage Learning
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Question
Chapter 14, Problem 21RQ
Program Plan Intro
Predictive analytics:
- • Predictive analysis is focuses on predicting outcomes of future data with a high degree of accuracy.
- • It creates advanced model for end user using statistical tool.
- ○ The tool answers questions about future data occurrences.
- • For example, a predictive model could be used to forecast future customer behavior, such as a customer response to a target marketing campaign.
Explanation of Solution
Impact of Big Data in predictive analytics:
- • Predictive analytics needs a high level of expertise with statistical methods and the ability to build predictive data models.
- • As a result, it is usually the domain of data scientists, statisticians and other skilled data analysts...
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Chapter 14 Solutions
Database Systems: Design, Implementation, & Management
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