Nested loop with for, are popular command as it implies that the number of iterations are fixed and are known before applying. It is well known that R is preferably used for manipulating large sets of data, which consists of matrix, data frames and lists.
R software has plenty of packages and is unique in handling big data. Therefore it can handle both the structured and unstructured data. This makes it suitable for big data analysis also.
Need of Big data in the Indian banking sector, R-module
Predictive modeling is a data driven, induction based modeling that is continuously used by big sized companies to gain useful insights into trends and risks budding in the future. The modelling on the basis of data extraction, cleansing and analysis helps in predicting the value of a target variable (Fortuny, Martens, & Provost, 2013).