Even You Can Learn Statistics and Analytics: An Easy to Understand Guide to Statistics and Analytics, Third Edition

Chapter 14. Predictive Analytics

14.1 Analysis with Predictive Analytics

14.2 Classification and Regression Trees

14.3 Cluster Analysis

14.4 Multidimensional Scaling

One-Minute Summary

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Predictive analytics methods identify what is likely to occur in the near future and find relationships in data. In this chapter, you learn the types of problems to which predictive analytics can be best applied and learn the specifics of several predictive analytics methods.

14.1 Analysis with Predictive Analytics

Predictive analytics methods can be applied to four types of analysis: predicting, classifying, clustering, and associating data.

Predicting

CONCEPT Analyses that assign a value to a target based on a model.

EXAMPLE Predicting the chance ...