Course  

MATH 534 Applied Managerial Statistics

Week 7 Discussion: Predictive Analytics

Predictive analytics in business is an important application of multiple regression analysis. Generally speaking, what is meant by predictive analytics? As a business owner, how could you use regression analysis and predictive analytics to increase your company’s sales?

SOLUTION 

Predictive analytics is a type of data analysis that uses statistical methods and modelling to make predictions about future events. The purpose of predictive analytics is to provide businesses with a means of making better decisions, improving their operations, and reducing risks.……please click the icon below to purchase the solution at $5