Machine Learning for Predictive Analytics: Enhancing Data-Driven Decision-Making Across Industries
Abstract
Machine learning (ML) for predictive analytics is revolutionizing data-driven decision-making across industries by leveraging vast datasets and advanced algorithms to uncover hidden patterns and forecast future trends. This paper explores key machine learning techniques, including supervised learning, unsupervised learning, and deep learning, and their applications in predictive analytics. By integrating these techniques into business processes, organizations can make more informed decisions, enhance operational efficiency, and gain a competitive edge. The paper also addresses challenges such as data quality, model interpretability, and scalability, offering insights into how industries like healthcare, finance, and retail are utilizing ML to predict customer behavior, optimize supply chains, and improve outcomes.
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