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Predictive modeling (supervised segmentation= how to segment the…
Predictive modeling
supervised segmentation= how to segment the population to something that we want to predict or estimate/ set target quantity
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selecting important, informative variables of the entities described by the data
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predictive modeling def.- formula for estimating the unknown value of the target. hybrid of mathematical and logical statement
supervised learning- model describes relationship between set of selected variables and the target variable
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