Predictive Analytics
Predictive Analytics
3) NODES USED
4) STREAM
5) OUTPUT
PREDICTIVE
Project analysis slide 5ANALYTICS
Predictive analytics is the process of using data to forecast future outcomes. The process uses data analysis,
machine learning, artificial intelligence, and statistical models to find patterns that might predict future behavior.
Organizations can use historic and current data to forecast trends and behaviors seconds, days, or years into the
future with a great deal of precision.
COMPONENTS:
• NODES: Nodes represent operations to be applied on data. Nodes are linked together to form a stream. These are
used in IBM SPSS Modeler to help explore data. Various nodes in the workspace represent different objects and
actions. There are several types of nodes. Source nodes bring data into the stream, and are located on the Sources
tab of the nodes palette. Process nodes perform operations on individual data records and fields.
Output nodes produce a variety of output for data, charts and model results, and are included on the Graphs,
Output and Export tabs of the nodes palette. Modeling nodes use statistical algorithms to create model nuggets,
and are located on the Modeling tab.
• PALLETES: Each palette contains a related group of nodes. The palette follows the order of the stages in
analysis.
NODES USED
Displays a
Recategorizes Allows fields to Selects a subset of Used to provide the frequency graph
set values. be renamed or records based on output and displays of continuous
removed a specified data in tabular values
condition format
STREAM