Unravelling Predictive Modeling Across Various Industries
In today's intricate digitalized atmosphere, where big data and all industries are well integrated with technology, predictive modeling plays a crucial role.It not only enables anticipation of trends, risk mitigation, and informed decision-making but also helps predict the future of any field with utmost precision, considering the current emerging trends.This capability gives us more control over the future of various fields.This paper explores its core principles, applications and future trends, emphasizing its transformative impact across industries, discusses key concepts like machine learning algorithms, data preprocessing, and model evaluation.
Authors
- M Kundalakesi
Publication Details
- Journal
- International Research Journal of Education and Technology (IRJET).
- Published
- 2024-11-29
- DOI
- https://doi.org/10.70127/irjedt.vol.7.issue03.75
- Primary Topic
- Statistical and Computational Modeling
- Type
- article
- Field-Weighted Citation Impact
- 0.00