Predictive Analytics Extracts Information from Data and Uses It to Predict

question 89

True/False

Predictive analytics extracts information from data and uses it to predict future trends and identify behavioral patterns.

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Definitions:

Focused Processes

Operations or activities that are streamlined and specialized to achieve higher efficiency and effectiveness in specific areas.

Increased Efficiency

The enhancement of productivity and reduction of waste within systems or processes.

Value-stream Map

A visual tool used in lean manufacturing to analyze and design the flow of materials and information required to bring a product to a customer.