13.4 - Predictive Analytics
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Practice Questions
Test your understanding with targeted questions
Define predictive analytics in your own words.
💡 Hint: Think about how past data can inform future decisions.
Give one example of where predictive analytics might be used.
💡 Hint: Consider industries where understanding customer behavior is crucial.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is predictive analytics primarily used for?
💡 Hint: Think about the word 'predictive'.
True or False: Predictive analytics can only be applied in financial sectors.
💡 Hint: Consider all industries that deal with data.
1 more question available
Challenge Problems
Push your limits with advanced challenges
A retail company analyzes customer purchase histories and notices specific customers tend to buy certain products before holidays. How can predictive analytics help the company in preparing for seasonal sales?
💡 Hint: Think about how data helps in planning sales events.
A manufacturing plant is experiencing unexpected equipment breakdowns leading to production delays. Suggest how predictive analytics can be implemented to improve this situation.
💡 Hint: Consider how companies know when to service their machines before they fail.
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