Data Science: Predictive Modelling

                What  is  Predictive Model?image2


                                                             Predictive Modelling


Predictive analytics is not only describes what’s happening, they predict what WILL happen in the future.Predictive modelling is the process of creating, testing and validating a model to best predict the probability of an out come.


                                                         Predictive Model Life Cycle


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                                                 Define Business Problem/ opportunity


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                                                Key metrics and data procurement




                                                         Analyze and enrich the data


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                                                          Model building and validation


                                                                  Model Deployment


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                                                                 Monitor and Improve




3 thoughts on “Data Science: Predictive Modelling

  • March 25, 2017 at 10:26 am

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