Data Science & Predictive Analysis
Highly successful businesses know that they can no longer depend solely on their product or service to develop, they must leverage their data to a better understanding of their customers as well as learn from the collective experiences of their organizations to stay competitive.
Data Science & Predictive Analytics for Business Professionals offers individuals the skills needed to efficiently collect and manage Big Data and perform data-driven discovery and prediction, extracting value as well as competitive intelligence for their organizations.
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WHY DATA SCIENCE & PREDICTIVE ANALYSIS IS GROWING?
There’s no doubt that predictive analytics has been all the rage for the last few years—and for good reason. The new algorithm-based discipline has empowered us to bring about insights that provide details on the probability of a given outcome, as well as helping us bring about the ones that are favourable.
Use cases of data science and predictive modelling comes in the form of trip-planning tools, where customers can set locations, dates, miles program memberships, hotel needs, and other aspects that affect travel details. These products mark an evolution toward user-friendly data science, with tools that essentially turn the customer into the data scientist, allowing them to create their own models to return desired results.