Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive
Rocket-Powered Data Science
OCTOBER 6, 2023
Using the same statistical terminology, the conditional probability P(Y|X) (the probability of Y occurring, given the presence of precondition X) is an expression of predictive analytics. By exploring and analyzing the business data, analysts and data scientists can search for and uncover such predictive relationships.
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