The use of statistical techniques and algorithms based on patterns of past behavior to predict future buying behavior is called

Name: The use of statistical techniques and algorithms based on patterns of past behavior to predict future buying behavior is called
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

Predictive modeling is the correct term for using statistical techniques and algorithms based on patterns of past behavior to predict future buying behavior. It involves analyzing historical data to make predictions about future events.

The Use of Statistical Techniques and Algorithms Based on Patterns