Predictive Modeling

Definition & Meaning

Last updated 1 month ago

What is Predictive Modeling?

itMyt Explains Predictive Modeling:

Predictive Modeling is a sySTEM thru which a destiny outcome or conduct is predicted based totally on the beyond and modern-day inFormation handy.

It is a statistical analysis Method that permits the assessment and calculation of the opportUnity of sure consequences related to Software Program, systems or an entire IT surroundings.

What Does Predictive Modeling Mean?

Predictive modeling works by using collecting information, growing a statistical version and applying probabilistic strategies to wager/expect the likely outcome. In IT, predictive modeling is used to evaLuate and identify destiny developments associated with a selected technology area. For example, Software usage information can be analyzed to predict destiny use traits. Moreover, predictive modeling is used on stay systems to assess and Make Modifications to the underlying system while enjoyable consumer and commercial enterprise needs.

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