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Fundamentals of Prescriptive Analytics

Submitted by Anonymous (not verified) on Tue, 2017-11-14 10:35

Prescriptive Analytics seeks to find the best course of action, based on past records, for the future. In a way, Prescriptive Analytics combines elements from both Descriptive Analytics and Predictive Analytics to arrive at actual solutions. The increased preoccupation with everything “data” was a natural outcome of the mainstreaming of the theory of probability, which had hitherto […]
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