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Correlation between Predictive and Prescriptive Analysis
Picture Courtesy Wix.com Introduction There are 4 primary types of analytics viz., Descriptive analytics : To understand what happened Diagnostic analytics: To explain why it happened Predictive analytics: To predict what might happen in the future, and Prescriptive analytics: To recommend what should be done to achieve the best possible outcome. In this blog I would like to explain the correlation between Predictive and Prescriptive analysis with a real world example, base
Niranjana Ramasamy
Jan 124 min read
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