The Truth about Predictive Modelling | What is it and why it is Important | Ibtesam Cheema

In this video, Ibtesam Cheema will explain predictive modelling in detail and why it is such an important field. Predictive modelling is used to make predictions about future events based on past data.
Predictive modelling is used in a vast array of fields, from finance to marketing to healthcare. Ibtesam will provide an in-depth understanding of predictive modelling and the importance of it for businesses and individuals. So if you're interested in learning more about predictive modelling, then be sure to watch this video!
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Our mission is to provide technology videos that are both informative and entertaining. We aim to educate our viewers on a variety of topics related to information technology, while simultaneously providing a fun and entertaining experience.We believe that learning should be enjoyable, and our hope is that our videos will inspire people to explore the world of IT.
Decision Tree: An algorithm that graphs multiple sources of data into a tree like structure to display possible outcomes of different decisions.
Neural Network: It is a complex model that resembles the human brain.
General linear model: A statistical tool that compares how certain variable affect continuous variables.
Gradient boosted model: It uses multiple related decision tree to generate rankings.
Prophet Model: An algorithm that an individual may use in conjunction with time series or forecast models to plan for a specific outcome.
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