Predictive Analytics Techniques in One Picture

Predictive analytics is a wide field of techniques that share a common goal of predicting future behavior. Choosing the right prediction modeling method is perhaps the most important step in the process, because predictive models are the driving force behind predictive analytics. This picture summarizes six of the most popular methods:

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Decision Trees

Linear Regression

Logistic Regression

Time Series

K-Means

Factor Analysis

References

The Best Data Science Methods for Predictive Analytics

Predictive Analytics 101 – Part 2

Predictive analytics and machine learning