Prescriptive Analytics seeks to find the best course of action, based on past records, for the future. Rather, it’ s meant to help business leaders understand how they can apply prescriptive analytics as a form of decision support for enabling them to answer their most pressing problems. A plethora of content exists that defines BI, predictive, and prescriptive analytics. Rather than a “ how to” for hands- on techies, the book entices lay- readers and experts alike by covering new case studies and the latest state- of- the- art techniques.
Referred to as the " final frontier of analytic capabilities, " prescriptive analytics entails the application of mathematical and computational sciences and suggests decision options to take advantage of the results of prescriptive analytics book descriptive and predictive analytics. This book is not meant to regurgitate existing content. Prescriptive analytics is the third and final phase of business analytics, which also includes descriptive and predictive analytics. In a way, Prescriptive Analytics combines elements from both Descriptive Analytics and Predictive Analytics to arrive at actual solutions. The increased preoccupation with everything “ data.
Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die by Eric Siegel “ This book is easily understood by all readers. Prescriptive Analytics: A Short Introduction to Counterintuitive Intelligence aims to create synergy between analytics professionals and artificial intelligence algorithms. Short, structured, and practitioner- oriented, the book offers a general framework and practical recommendations on modelling, generating, and executing prescriptive. With the flood of data available to businesses regarding their supply chain these days, companies are turning to analytics solutions to extract meaning from the huge volumes of data to help prescriptive analytics book improve decision making. The two- minute guide to understanding and selecting prescriptive analytics book the right Descriptive, Predictive, and Prescriptive Analytics.