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What is the Difference Between Predictive and Prescriptive Analytics

The main difference between Predictive and Prescriptive Analytics is their objective. Predictive analytics involves the use of statistical algorithms and machine learning techniques to analyze historical data and make predictions about future events or trends. However, prescriptive analytics goes beyond predicting future outcomes and recommends actions to optimize or improve the predicted results. Predictive analytics […]



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What is the Difference Between Predictive and Prescriptive Analytics

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