Sdot Data Analysis

📈 Predictive Analytics: Forecasting Future Trends

Predictive analytics leverages historical data, statistical models, and machine learning to predict future outcomes. This method is widely used in industries such as finance, healthcare, and retail.

Key predictive analytics techniques include:

• Regression Analysis – Identifies the relationship between independent and dependent variables.
• Time Series Analysis – Analyzes trends over time to forecast future fluctuations.
• Machine Learning Algorithms – AI-powered techniques such as neural networks and decision trees improve prediction accuracy.

For example, banks use predictive analytics to assess credit risk, while retailers use it to forecast customer demand and optimize inventory.