predictive modeling JUST WRITTEN FOR YOU
/prɪdɪktɪv mɒdəlɪŋ/ · pre dic tive mod el ing
noun
- The use of statistical and machine learning techniques to make predictions about future events or behaviors. The company used predictive modeling to forecast sales and adjust their marketing strategies accordingly.
- A mathematical or computational framework used to forecast outcomes or behaviors based on historical data. The researcher developed a predictive modeling framework to predict the spread of a disease in a population.
verb
- To use statistical and machine learning techniques to make predictions about future events or behaviors. The team predictive modeled the market trends to identify potential opportunities.
Synonyms
forecastingstatistical modelingmachine learningpattern recognitionregression analysispredictive analyticsdata miningstatistical analysis
Antonyms
Did you know? Predictive modeling has been used in various fields, including finance, healthcare, and marketing, to make informed decisions and improve outcomes.