[GET] Predictive Analytics Model for Term Deposit Investment in R

[mindpower]

Predictive Analytics Model for Term Deposit Investment in R
Learn Predictive Analytics Model using R from a case study
Rating: 5.0 out of 5
(1 rating)
3,622 students
2.5 hours on-demand video

Description
Predictive analytics is an emerging strategy across many business sectors and they are used to improve the performance of the companies. Predictive modeling is a part of predictive analytics which is used to create a statistical model to predict the future behaviour. The predictive modeling can be used on any type of event regardless of its occurrence. The predictive model to be used for a particular situation is often selected on the basis of the detection theory. This chapter includes an overview of predictive analytics and predictive modeling. This chapter also includes examples of predictive modeling.

Predictive Analytics and Modeling is the process of creating, testing and validating a model. It uses statistics to predict the outcomes. Predictive modeling has different methods like machine learning, artificial intelligence and others. This model is made up of number of predictors which are likely to affect the future results. Predictive modeling is most widely used in information technology.

Uses of Predictive Analytics and Modeling

Predictive modeling is the most commonly used statistical technique to predict the future behaviour. Predictive modeling analyzes the past performance to predict the future behaviour.

Features in Predictive Analytics and Modeling

Data Analysis and Manipulation

Visualization

Statistics

Hypothesis Testing


https://www.udemy.com/course/predictive-analytics-model-for-term-deposit-investment-in-r/?couponCode=EDUCBANY24

Enjoy!