Predictive Analytics: A study of its Advantages and Applications

Authors

  • Mitanshi Rustagi Vivekanand Institute of Professional Studies
  • Neha Goel Vivekanand Institute of Professional Studies

DOI:

https://doi.org/10.51611/iars.irj.v12i01.2022.192

Keywords:

Predictive Analytics, Dataset, Machine Learning, Pattern Recognition

Abstract

The science of predictive analytics gives a line of future insight developed in the area of data analytics. Through predictive analytics, organizations or industries can identify the patterns within the data and make future forecasts on the basis of existing data and analytics techniques such as artificial intelligence, machine learning, pattern recognition. Machine Learning works on the idea of identifying the best suitable model for the data.

Downloads

Download data is not yet available.

References

Fatimetou Zahra Mohamad Mahmoud, “The application of Predictive Analytics: Benefits, Challenges & how it can be improved”, International Journal of Scientific and Research Publications, Volume 7, Issue 5, May 2017, ISSN 2250-3153.

John Edwards,” Predictive analytics: Transforming data into future insights | CIO”, article - 16 AUGUST 2019 15:30 IST.

Lakshay Swani, Pratika Tyagi,” Predictive Modelling Analytics through Data Mining”, International Research Journal of Engineering & Technology (IRJET), Volume: 04 Issue: 09| Sep-2017, e-ISSN: 2395 -0056, P-ISSN: 2395-0072.

Raheja, S. and Jain, D. (2021) “AN EMPIRICAL STUDY OF SELECTED INDIAN COMPANIES’ TALENT MANAGEMENT”, Amity Journal of Professional Practices. Florida, USA, 1(1). doi: 10.55054/ajpp.v1i1.461. DOI: https://doi.org/10.55054/ajpp.v1i1.461

Sadegh Bafandeh Imandoust And Mohammad Bolandraftar,” Application of K-Nearest Neighbor (KNN) Approach for Predicting Economic Events: Theoretical Background”, S B Imandoust et al. Int. Journal of Engineering Research and Applications, Vol. 3, Issue 5, Sep-Oct 2013, pp.605-610.

Yadav, S. K. (2021) “Study on the Essentials Parts of Cooperative Learning”, Amity Journal of Professional Practices. Florida, USA, 1(1). doi: 10.55054/ajpp.v1i1.460. DOI: https://doi.org/10.55054/ajpp.v1i1.460

URL: www.predictiveanalyticstoday.com/predictive-modeling

Published

2022-02-28

Issue

Section

Peer Reviewed Research Manuscript

How to Cite

Rustagi, M. and Goel, N. (2022) “Predictive Analytics: A study of its Advantages and Applications”, IARS’ International Research Journal, 12(01), pp. 60–63. doi:10.51611/iars.irj.v12i01.2022.192.

Plaudit