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PREDICTIVE ANALYTICS#1
A branch of advanced analytics that uses historical data to predict future outcomes, helping in decision-making.
MACHINE LEARNING#2
A subset of artificial intelligence where algorithms learn from data to make predictions or decisions without explicit programming.
PYTHON#3
A versatile programming language widely used in data science for its simplicity and extensive libraries.
DATA VISUALIZATION#4
The graphical representation of information and data to communicate insights clearly and effectively.
FEATURE ENGINEERING#5
The process of selecting and transforming variables to improve model performance in machine learning.
EXPLORATORY DATA ANALYSIS (EDA)#6
An approach to analyzing data sets to summarize their main characteristics, often using visual methods.
CROSS-VALIDATION#7
A technique for assessing how the results of a statistical analysis will generalize to an independent dataset.
HYPERPARAMETERS#8
Parameters whose values are set before the learning process begins, affecting the model's performance.
SCIKIT-LEARN#9
A popular Python library for machine learning that provides simple and efficient tools for data analysis.
DATA CLEANING#10
The process of correcting or removing inaccurate records from a dataset to ensure data quality.
OUTLIER DETECTION#11
The identification of data points that differ significantly from the majority of the data, which may indicate errors or variability.
VALIDATION DATASET#12
A subset of data used to assess the performance of a model during training, ensuring it generalizes well.
MODEL TUNING#13
The process of adjusting model parameters to improve its performance on a given dataset.
CORRELATION ANALYSIS#14
A method used to evaluate the strength and direction of relationships between two variables.
DATASET#15
A collection of data, typically organized in a structured format, used for analysis and modeling.
PANDAS#16
A Python library that provides data structures and tools for data manipulation and analysis.
NUMPY#17
A fundamental package for scientific computing in Python, providing support for large, multi-dimensional arrays.
EVALUATION METRICS#18
Quantitative measures used to assess the performance of a predictive model.
VISUALIZATION TOOLS#19
Software or libraries used to create graphical representations of data, enhancing interpretability.
ACTIONABLE INSIGHTS#20
Conclusions drawn from data analysis that can directly inform decision-making and strategy.
DATA PREPARATION#21
The process of cleaning and transforming raw data into a format suitable for analysis.
STOCHASTIC PROCESSES#22
Processes that involve randomness and unpredictability, often used in predictive modeling.
ANOMALY DETECTION#23
The identification of rare items, events, or observations that raise suspicions by differing significantly from the majority.
TIME SERIES ANALYSIS#24
A statistical technique that deals with time-ordered data points to identify trends and patterns.
DATA DRIVEN DECISION MAKING#25
The practice of basing decisions on data analysis rather than intuition or observation.