Web Scraping Dictionary
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Definition updated on July 2023


Predictive Modeling

What is predictive modeling?

Predictive modeling is a common statistical technique for behavior predictions. Data-mining technology called predictive modeling solutions creates a model by analyzing past and present data and using it to forecast future results. Predictive modeling involves gathering data, creating a statistical model, making predictions, and validating (or updating) the model when new data becomes available.

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