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B341 L8-L10 Predictive Analytics - Coggle Diagram
B341 L8-L10 Predictive Analytics
What is likely to happen?
Dimensions of Predictive Analytics
Predictive Modelling
Statistic Tools Used for Predictive Analytics
(Regression Analysis)
Binary Logistic Regression
eL
P(X)
Logit(L)
Log-Likelihood(LL)
Choice Modelling: Best-Worst Scaling
Choices
Blocks
Importance = N(best)-N(worst)/ total number of occurrence
Multiple Regression
Coefficient (regression equation)
P-value
Significance F
R-square
Predictions
Predictors
Uses of Predictive Analytics
Retention
Employee Performance and Engagement
Recruitment