BuyFindarrow_forward

Database Systems: Design, Implemen...

12th Edition
Carlos Coronel + 1 other
Publisher: Cengage Learning
ISBN: 9781305627482

Solutions

Chapter
Section
BuyFindarrow_forward

Database Systems: Design, Implemen...

12th Edition
Carlos Coronel + 1 other
Publisher: Cengage Learning
ISBN: 9781305627482
Chapter 14, Problem 21RQ
Textbook Problem
25 views

Describe the characteristics of predictive analytics. What is the impact of Big Data in predictive analytics?

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

Characteristics of predictive analytics:

  • • It creates actionable predictive models using statistical and mathematical algorithms, artificial intelligence, neural networks, and other advanced modeling tools.
  • • The algorithms used to create the predictive model are precise to definite types of problems and work with certain types of data...

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...

Still sussing out bartleby?

Check out a sample textbook solution.

See a sample solution

The Solution to Your Study Problems

Bartleby provides explanations to thousands of textbook problems written by our experts, many with advanced degrees!

Get Started

Additional Engineering Textbook Solutions

Find more solutions based on key concepts
Show solutions add
List and describe the different types of databases.

Database Systems: Design, Implementation, & Management

Give an example of a materials electrical property.

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

What is an operational security control?

Management Of Information Security

Find the forces Q1,Q2, and Q3 so that the two forces systems are equivalent.

International Edition---engineering Mechanics: Statics, 4th Edition

If your motherboard supports ECC DDR3 memory, can you substitute non-ECC DDR3 memory?

A+ Guide to Hardware (Standalone Book) (MindTap Course List)

List steps to defragment a hard drive.

Enhanced Discovering Computers 2017 (Shelly Cashman Series) (MindTap Course List)