Put away the Crystal Balls!
This week's topic is prediction analysis. The main definition of "predictive analytics" is the use of data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data. The goal is to go beyond knowing what has happened to providing a best assessment of what will happen in the future.
So we do not need our crystal balls, but data and algorithms to look into the future. This is why we just love data. and making a glimpse of the future possible.