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Improve Underwriting Using Data and Analytics

Cloudera

IoT examples such as telematics-based travel or car insurance enable a very personalized insurance policy (more on this in a prior post ). The next step leads to performing exploratory, descriptive analytics, “why is this happening,” and so on.

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Incorporating Artificial Intelligence for Businesses : The Modern Approach to Data Analytics

BizAcuity

Integrating IoT and route optimization are two other important places that use AI. Artificial Intelligence Analytics. Predictive Analytics: Predictive analytics is the most talked about topic of the decade in the field of data science. AI in Healthcare.

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Three Types of Actionable Business Analytics Not Called Predictive or Prescriptive

Rocket-Powered Data Science

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.