Word of the Day: Tech Definitions from WhatIs.com

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.

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