#2 Lecture 2A | Data Driven Decision Making & Essentials of Predictive Analytics
Welcome to 'Jan 2024 Business Forecasting' course ! This lecture delves into the concepts of data driven decision making and the essentials of predictive analytics. It emphasizes the use of data in making informed decisions, highlighting its significance in understanding consumer behavior, market trends, and competitive advantages. The lecture discusses the three pillars of data driven decision making: descriptive analytics, predictive analytics, and prescriptive analytics, and explores various techniques and tools associated with them. It also underscores the importance of data collection, preprocessing, modeling, evaluation, and maintenance. NPTEL Courses permit certifications that can be used for Course Credits in Indian Universities as per the UGC and AICTE notifications. To understand various certification options for this course, please visit https://nptel.ac.in/courses/110101438 #DataDrivenDecisionMaking #PredictiveAnalytics #DescriptiveAnalytics #PrescriptiveAnalytics #DataAnalysis #BusinessAnalytics
#3 Lecture 2B | Data Driven Decision Making & Essentials of Predictive Analytics
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