Overheard: Word of the Day

May 9 2012   2:23PM GMT

Overheard talking about the difference between predictive and prescriptive analytics

Margaret Rouse Margaret Rouse Profile: Margaret Rouse

“While predictive analytics helps you model and forecast what might happen in the future, prescriptive analytics helps you decide the best course of action to take given your objectives, requirements and constraints.” — Brett Stupakevich

Today’s WhatIs.com Word of the Day is prescriptive analytics, a type of business analytics that grew out of a branch of mathematics called game theory.

 Comment on this Post

 
There was an error processing your information. Please try again later.
Thanks. We'll let you know when a new response is added.
Send me notifications when other members comment.

REGISTER or login:

Forgot Password?
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

Forgot Password

No problem! Submit your e-mail address below. We'll send you an e-mail containing your password.

Your password has been sent to: