The approaches and techniques used to conduct predictive analytics can broadly be grouped into regression techniques and machine learning techniques.
Read more about this topic: Predictive Analytics
Other articles related to "statistical techniques":
... More advanced researchers and appraisers commonly employ statistical techniques based on multiple regression methods which generally compare a larger number of more ... applying more heuristic methods and the latter using statistical techniques ... Spatial auto regression plagues these statistical techniques, since high priced properties tend to cluster together and therefore one property price is not independent of its ...
Famous quotes containing the word techniques:
“The techniques of opening conversation are universal. I knew long ago and rediscovered that the best way to attract attention, help, and conversation is to be lost. A man who seeing his mother starving to death on a path kicks her in the stomach to clear the way, will cheerfully devote several hours of his time giving wrong directions to a total stranger who claims to be lost.”
—John Steinbeck (19021968)