Predictive Analytics
The use of statistical techniques and algorithms to analyze historical data and make predictions about future outcomes.
The use of statistical techniques and algorithms to analyze historical data and make predictions about future outcomes.
The practicality of implementing a solution based on technical constraints and capabilities.
A logical fallacy in which it is assumed that qualities of one thing are inherently qualities of another, due to an irrelevant association.
A research method that involves repeated observations of the same variables over a period of time.
A psychological principle where people place higher value on objects or opportunities that are perceived to be limited or rare.
A logical fallacy where anecdotal evidence is used to make a broad generalization.
The process of designing, developing, and managing tools and techniques for measuring performance and collecting data.
A system where outputs are fed back into the process as inputs, allowing for continuous improvement based on user responses.
A research approach that starts with a theory or hypothesis and uses data to test it, often moving from general to specific.