Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die

Eric Siegel

Physical

Available

An introduction for everyone. In this rich, fascinating — surprisingly accessible — introduction, leading expert Eric Siegel reveals how predictive analytics works and how it affects everyone every day. Rather than a “how to” for hands-on techies, the book serves lay readers and experts alike by covering new case studies and the latest state-of-the-art techniques. Prediction is booming. It reinvents industries and runs the world. Companies, governments, law enforcement, hospitals, and universities are seizing upon the power. These institutions predict whether you're going to click, buy, lie or die.

What will you learn from this book

  1. Data-Driven Decision Making: Predictive analytics relies on data to make informed decisions. The more accurate and relevant the data, the better the predictions.

  2. Understanding Patterns: Predictive analytics identifies patterns and trends within datasets to anticipate future outcomes. Recognizing these patterns is crucial for making accurate predictions.

  3. Applications in Marketing: The book discusses how predictive analytics is extensively used in marketing to understand customer behavior, predict purchases, and tailor marketing strategies.

  4. Risk Management: Predictive analytics plays a significant role in risk management, helping organizations anticipate and mitigate potential risks.

  5. Fraud Detection: Predictive analytics is valuable for detecting fraudulent activities by identifying unusual patterns and behaviors.

  6. Personalization: The power of predictive analytics is harnessed to personalize user experiences, such as recommending products or content based on individual preferences.

  7. Human Behavior Prediction: The book explores how predictive analytics is applied to predict various aspects of human behavior, from online clicks and purchases to potential criminal behavior.

  8. Ethical Considerations: Predictive analytics raises ethical questions, particularly in areas like privacy and potential biases in the data. The book addresses these considerations.

  9. Machine Learning Algorithms: Understanding the machine learning algorithms that underpin predictive analytics is essential for leveraging its full potential.

  10. Continuous Learning: The field of predictive analytics is dynamic, with ongoing advancements. Staying informed about the latest developments and continuously refining predictive models is crucial for success.

Language English
ISBN-10 9788126559770
ISBN-13 9788126559770
No of pages 368
Font Size Medium
Book Publisher Wiley
Published Date 01 Jan 2016

About Author

Author : Eric Siegel

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