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4 cards from this section. Quick, good the night before a test.
What is predictive analytics?
Think about forecasting future events based on past data.
Why is fraud detection important in finance?
Consider what happens if fraud goes unnoticed.
What is the primary purpose of predictive analytics?
Remember its use in forecasting future events.
True or False: Data science is only applicable in the technology sector.
Think of all the fields we discussed.
Design a predictive model for a new product launch in retail. Describe the data you would use and how it would influence marketing decisions.
Think about what information would help predict the success of the new product.
Critique a case where poor census data led to ineffective government policy. Discuss what could have been done differently.
Consider the importance of data accuracy in reflecting community needs.
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