Advantages of using R statistical software for predictive modelling

By Indra Giri and Priya Chetty on April 18, 2017 No Comments

Predictive modelling is a data driven, induction based modelling 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).