• Votes for this article no votes for this yet
  • Dashboard Insight Newsletter Sign Up

Predictive Analytics: Beyond the Predictions

Sunday, July 31, 2011

...there are limits to the usefulness of predictive analytics as we have applied them to date. One conclusion we have reached is that it is no longer sufficient to simply try to predict an unimpeded future. We must hedge our predictions with probabilities and be aware that a variety of reactions to those probabilities might be in order.

Read more about hedging decisions using predictive analytics. Sourced by Information Management

Tweet article    Stumble article    Digg article    Buzz article    Delicious bookmark      Dashboard Insight RSS Feed
 
Other articles by this author

Discussion:

No comments have been posted yet.

Site Map | Contribute | Privacy Policy | Contact Us | Dashboard Insight © 2017