Home »
MCQs »
Data Analytics MCQs
Predictive analytics involves taking historical data
33. Predictive analytics involves taking historical data -
- True
- False
Answer: A) True
Explanation:
The approach or practice of utilizing data to generate projections about the possibility of certain future events in your organization is known as predictive analytics, which is a form of advanced analytics. Predictive analytics models unknown future occurrences by combining historical and current data with advanced statistics and machine learning approaches. It is commonly characterized as utilizing data science and machine learning to learn from an organization's previous collective experience in order to make better decisions in the future.