Question

Difference between descriptive and predictive data mining in tabular form

Answer 1

Both types of analytics inform your business strategies based on collected data. But the major difference between predictive and prescriptive is that the former forecasts potential future outcomes, while the latter helps you draw up specific recommendations.
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Descriptive (business intelligence and data mining) Prescriptive (optimization and simulation) Predictive Analytics. Predictive analytics turns data into valuable, actionable information. Predictive analytics uses data to determine the probable future outcome of an event or a likelihood of a situation occurring..
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Hope this helps you
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