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Simple Questions
1. What is predictive analytics?
2. What industries use predictive analytics? 3. What role does historical data play in predictive analytics? 4. What are common predictive analytics tools?
Average Questions
1. What are some common types of predictive models?
2. How does predictive analytics help in marketing? 3. What is the importance of cross-validation in predictive analytics? 4. How does feature selection impact predictive model performance?
Complex Questions
1.How does predictive analytics handle imbalanced datasets in
classification problems? 2. How do deep learning models improve predictive analytics? 3. What are the ethical concerns in predictive analytics? 4. How does explainable AI (XAI) contribute to predictive analytics? Answers Simple Answers
1. Predictive analytics uses data and algorithms to forecast future events.
2. Industries like healthcare, finance, and retail use it for decision-making. 3. Historical data provides the basis for identifying trends and patterns. 4. Tools include Python, R, SAS, and cloud platforms.
Average Answers
1. Common models include regression, decision trees, and neural
networks. 2. It predicts customer behavior and sales trends for personalized marketing. 3. Cross-validation ensures model performance on unseen data. 4. Feature selection improves accuracy and reduces overfitting.
Complex Answers
1. Resampling and SMOTE help balance datasets in classification.
2. Deep learning models capture complex patterns, improving accuracy. 3. Ethical concerns include privacy, bias, and discrimination. 4. XAI improves transparency and trust in predictive models.