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

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
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article

Unravelling Predictive Modeling Across Various Industries

M Kundalakesi
International Research Journal of Education and Technology (IRJET).
Statistical and Computational Modeling
article

Unravelling Predictive Modeling Across Various Industries

M Kundalakesi
article en

Abstract

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.

International Research Journal of Education and Technology (IRJET).Vol. 6(11)
Openalex Percentile: Top 74%
Statistical and Computational Modeling
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Unravelling Predictive Modeling Across Various Industries — M Kundalakesi · International Research Journal of Education and Technology (IRJET). (2024) | TGRS Research Map | TGRS