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Practical Uses of Predictive Analysis. If you could look into the future and see the outcome of a football game, wouldn’t you be motivated to head to Vegas and place a large bet on the game? That really is the theory behind predictive analysis. As for datamining, the digital world creates mounds of useful data.
Here are some reasons that data scientists will have a strong edge over their competitors after starting a dropshipping business: Data scientists understand how to use predictiveanalytics technology to forecast trends. Data scientists know how to leverage AI technology to automate certain tasks.
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On the other hand, BA is concerned with more advanced applications such as predictiveanalytics and statistic modeling. This also allows the two terms to complement each other to provide a complete picture of the data. Business Intelligence vs Business Analytics As Seen Through Football.
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