2018
DOI: 10.5120/ijca2018917434
|View full text |Cite
|
Sign up to set email alerts
|

Predictive Analytics: A Review of Trends and Techniques

Abstract: Predictive analytics is a term mainly used in statistical and analytics techniques. This term is drawn from statistics, machine learning, database techniques and optimization techniques. It has roots in classical statistics. It predicts the future by analyzing current and historical data. The future events and behavior of variables can be predicted using the models of predictive analytics. A score is given by mostly predictive analytics models. A higher score indicates the higher likelihood of occurrence of an… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1

Citation Types

0
61
0

Year Published

2020
2020
2023
2023

Publication Types

Select...
5
3
1

Relationship

0
9

Authors

Journals

citations
Cited by 86 publications
(61 citation statements)
references
References 16 publications
0
61
0
Order By: Relevance
“…Predictive analysis is a technique that forecasts unknown variables by answering the question "what might happen?" based on the study of collected data (Kumar & Garg, 2018). Several techniques, such as mathematical statistics and modeling, may be utilized in this case.…”
Section: Analysis Of Quantitative Datamentioning
confidence: 99%
“…Predictive analysis is a technique that forecasts unknown variables by answering the question "what might happen?" based on the study of collected data (Kumar & Garg, 2018). Several techniques, such as mathematical statistics and modeling, may be utilized in this case.…”
Section: Analysis Of Quantitative Datamentioning
confidence: 99%
“…Predictive modeling is an approach that use a mathematical method to foresee future occurrences or outcomes, as well as to predict future trends, by searching for patterns that have occurred in the past or by analyzing historical data [20]. In this point of regards, businesses with limited resources, based on experience, can use readily available software to develop reliable and accurate estimates in a timely and cost-effective manner using excel spreadsheets or other relatively simple excel-based software [19].…”
Section: Prediction Of Essential Medicines Demand With Machine Learning Techniquesmentioning
confidence: 99%
“…In this point of regards, businesses with limited resources, based on experience, can use readily available software to develop reliable and accurate estimates in a timely and cost-effective manner using excel spreadsheets or other relatively simple excel-based software [19]. Even though these are simple procedures with limited insight, it was evidenced that they are indeed widely used with an estimated rate of 82.1% [20]. Indeed, in the field of health supply chain, the purpose of predictive modeling is to answer to the concern regarding the use of known past behavior, for anticipating the most likely scenario to happen in the future [21].…”
Section: Prediction Of Essential Medicines Demand With Machine Learning Techniquesmentioning
confidence: 99%
“…In Figure 7, we present a classification outline with SVM for two classes. If we use more than two classes, then two approaches, one-against-one and one-against-all, were used in the experiment are defined in [30,31].…”
Section: Support Vector Machine (Svm)mentioning
confidence: 99%