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Predictive and Descriptive Task

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23 views

Predictive and Descriptive Task

Uploaded by

tealice18
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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PREDICTIVE AND DESCRIPTIVE TASK

Descriptive:
o This term is basically used to produce correlation, cross-tabulation, frequency etc.
o These technologies are used to determine the similarities in the data and to find existing patterns.
o One more application of descriptive analysis is to develop the captivating subgroups in the
major part of the data available.
o This analytics emphasis on the summarization and transformation of the data into meaningful
information for reporting and monitoring.

Predictive:
o The main goal of this mining is to say something about future results not of current behaviour.
o It uses the supervised learning functions which are used to predict the target value.
o The methods come under this type of mining category are called classification, time-series analysis
and regression.
o Modelling of data is the necessity of the predictive analysis, and it works by utilizing a few variables
of the present to predict the future not known data values for other variables.

Difference Between Descriptive and Predictive :


Sr.N Comparison Descriptive Predictive
o
1 Basic It determines, what happened in the It determines, what can
past by analyzing stored data. happen in the future with
the help past data analysis.
2 Preciseness It provides accurate data. It produces results does
not ensure accuracy.
3 Practical analysis Standard reporting, query/drill down Predictive modelling,
methods and ad- hoc reporting. forecasting, simulation and
alerts
4 Require It requires data aggregation and data It requires statistics and
mining forecasting methods.
5 Type of approach Reactive approach Proactive approach
6 Describe Describes the characteristics of the Carry out the induction
data in a target data set. over the current and past
data so that predictions can
be made.
7 Methods(in general) o What happened? o What will happen
o Where exactly is the next?
problem? o What is the
o What is the frequency of the outcome if these
problem? trends continue?
o What actions are
required to be
taken?

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