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Modelling With Predictive Analytics

The best way to improve the probability of desirable outcomes is to predict the unknown future results. Predictive analytics help organizations to become forward looking and proactive. It uses a number of predictive modelling and analytical technique for the prediction of the future. One of the modelling techniques is a response model which doesn't predict influence. It only predicts the desirable outcomes of one method without making any prediction of alternative method. Healthcare organizations will be more successful if the predictions for treatment decision results in the desired outcome. For more read the article written by Eric Siegel (founder of the Predictive Analytics World Conference):

http://data-informed.com/drive-influence-with-uplift-modeling/

 

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