## What is a prediction example?

A statement of what will happen in the future. A predicting or being predicted. … The definition of a prediction is a forecast or a prophecy. An example of a prediction is **a psychic telling a couple they will have a child soon, before they know the woman is pregnant.**

## What is prediction method?

Prediction methodology is **a set of techniques used for forecasting the future**. Futurology used such techniques as linear projections and extrapolations from trends, scenario-building, and what-if stories.

## Which algorithm is best for prediction?

**Top Machine Learning Algorithms You Should Know**

- Linear Regression.
- Logistic Regression.
- Linear Discriminant Analysis.
- Classification and Regression Trees.
- Naive Bayes.
- K-Nearest Neighbors (KNN)
- Learning Vector Quantization (LVQ)
- Support Vector Machines (SVM)

## What is needed for predictive analytics?

Predictive analytics uses many techniques from **data mining, statistics, modeling, machine learning, and artificial intelligence** to analyze current data to make predictions about future. … The patterns found in historical and transactional data can be used to identify risks and opportunities for future.

## How do you develop a predictive model?

**The steps are:**

- Clean the data by removing outliers and treating missing data.
- Identify a parametric or nonparametric predictive modeling approach to use.
- Preprocess the data into a form suitable for the chosen modeling algorithm.
- Specify a subset of the data to be used for training the model.