The third is to predict, to specify, what will
happen in future, in the light of the available stock of knowledge.
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Answer:
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Explanation:
Predictive analytics uses historical data to predict future events. Typically, historical data is used to build a mathematical model that captures important trends.
A prediction (Latin præ-, "before," and dicere, "to say"), or forecast, is a statement about a future event. They are often, but not always, based upon experience or knowledge. There is no universal agreement about the exact difference from "estimation"; different authors and disciplines ascribe different connotations.
Although future events are necessarily uncertain, so guaranteed accurate information about the future is impossible. Prediction can be useful to assist in making plans about possible developments; Howard H. Stevenson writes that prediction in business "is at least two things: Important and hard."[1]
Good News is that it is possible to predict Stock Price Movement. I came across people who predicted Stock Price Movement quite accurately. Now it does not mean that their all the stock calls were correct. You can earn good money, if out of 4, your 3 stock calls related to Stock Price Movement are correct.