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Predictive analytics:

summarizes data into meaningful charts and reports that can be standardized or customized.
uses data to determine a course of action to be executed in a given situation.
identifies the best alternatives to minimize or maximize an objective.
detects patterns in historical data and extrapolates them forward in time.

1 Answer

4 votes

Answer: Pattern is investigated through historical data to extent its application in forward time.

Step-by-step explanation:

Predictive analytics is defined as analytics and investigation that is carried out for predicting future insights which is extracted from historical facts and information, inquiring methods etc. Foretasted outcomes have accuracy till certain point .

Other options are incorrect because data is not summarized into chart or reports, particular situation and objective is not increased or decreased accordingly.

User Bill Mei
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