The difference we want to find is between predictive data and descriptive data.
ID: 372991 • Letter: T
Question
The difference we want to find is between predictive data and descriptive data.
Predictive data is nothing but the data we use for predictive analytics. Predictive data use to predict future event, in the means out output of a model. Predictive data is used to build predictive model like forecasting , logistics regression etc. Some, feature of it will be life variables which is relevant to modelling.
Descriptive data are used for descriptive analytics. It is more of a dump of historical data which are used to do exploratory analysis to get information for the data to make it good business insight.
Explanation / Answer
What is the difference between predictive data and differential data?