Examine the potential for predictive analytics in a workplace, or in an organization.
Discuss a situation where a classification method could benefit the company. Describe the situation, the classification method you would select and why?
Thanks.
Predictive analytics will help to get the accurate result in an organization.With predictive analytics, workplace leaders leverage the data acquired and process to hypothesize possible scenarios and develop plans of action. Predictive analytics will help to predict the business flow and also the market of the business by using previous data.
By Predicitve analysis in organization they can predict about the growth of the Company.
A situtation where a classsification method will benefit the company is while selling of the products to the customers by using classificatio they can easily classify the products to different categories and also they can also predict the rating of the overall product and also they can also know the product is selling good or not.
A situtation in company is same as above while selling the products for classifaction of products into different category I will use the Navie BAyes Classification.First i will divide the data into training data and testing data and then by using the Navie Bayes Classifier I will train the train the training data and then i wil test the test data to check whehter it was classifcing correctly or not .I wil check the Accuracy
Examine the potential for predictive analytics in a workplace, or in an organization. Discuss a situation...
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