Question
Predictive and prescriptive analytics
Answer :
Word Count : 143
| Basis of Difference | Predictive Analytics | Prescriptive Analytics |
|---|---|---|
| Meaning | Predictive analytics focuses on forecasting future outcomes based on historical and current data patterns. | Prescriptive analytics focuses on recommending actions or decisions to achieve desired outcomes based on predictions. |
| Objective | To anticipate future trends, risks, _____ _______ ____ ____ ____ ___ _________ ____ ____ _____. ______ _______ _______ __________ _________ ____ __________ __________ __________ ___ ________. _________ __________ ______ ___ _______ __________ ______ ____ _____ _____ __________ _____. _____ _______ ______ ______ _________ _____ ________ ____ __________ ___ _____ _______. ________ __________ ___ _______ _______ _________ __________ _________ ____ ______ ______ ______. ________ ______ ____ _________ ____ _________ ________. _________ _______ ____ _________ _________ ___ ____ ___. ________ _______ ____ ______ _________ _______ ___ _____ ______ ___. ____ _____ __________ _________ ______. ____ ________ _________ _____ ____ _____. ________ _________ _____ _____ ________. _______ ________ _____ ____ _____ _____ ___ _________. ____. IGNOU ACADEMY Your IGNOU journey, made easier.
Continue Reading — It's Free Sign in with Google to unlock more of this answer. ✓ Free access ✓ Unlock up to 60% of the answer ✓ No payment required Quick Google sign-in. No separate registration form. |