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Predictive Analytical Models

oboloo Glossary

Predictive Analytical Models

Predictive Analytical Models are mathematical tools used by businesses to identify patterns and trends in data sets. By utilizing these models, businesses can accurately forecast future outcomes and make informed decisions. With the right model, a company can analyze potential investments or marketing opportunities and gain an understanding of customer behavior. Predictive Analytics provide businesses the power to predict future events and proactively manage risks before they become problems. In short, Predictive Analytical Models allow companies to see the future and stay ahead of the competition.

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