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4 cards from this section. Quick, good the night before a test.
What is predictive modeling?
Think about how we can use past information to predict future events.
Name one statistical technique used in predictive modeling.
Consider common methods to analyze relationships between data.
What does predictive modeling do?
Focus on the predictive aspect.
True or False: Regression analysis is a type of predictive modeling.
Think about how results from past observations influence future predictions.
Build a predictive model to determine which students are at risk of failing based on attendance and homework completion rates.
Look for trends in past performance that affect current grades.
Critique an existing predictive model used in finance for predicting stock market moves. What improvements would you suggest for accuracy?
Consider the different factors that could influence stock prices.
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