Asked by Ashton McGinn on Apr 27, 2024
Verified
Predictive analysis is the use of data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data.
Predictive Analysis
The use of data, statistical algorithms, and machine learning techniques to identify the likelihood of future outcomes based on historical data.
Machine Learning
A discipline combining science, statistics, and computer coding to make predictions based on patterns discovered in data.
- Understand the influence of technological advancements like artificial intelligence and predictive analytics on strategies for sales.
Verified Answer
ZK
Zybrea KnightMay 02, 2024
Final Answer :
True
Explanation :
Predictive analysis indeed involves using historical data, statistical algorithms, and machine learning techniques to forecast future events or outcomes.
Learning Objectives
- Understand the influence of technological advancements like artificial intelligence and predictive analytics on strategies for sales.
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