The Predictive modelling incorporate the following step:-
1. Project Definition
Define the business objectives and desired outcomes for the project and translate them into predictive analytic and objectives and tasks
2. Exploration
Analyze source data to determine the most appropriate model data and model building approach and scope the effort
3.Data Preparation
Select,extract,and tranform data upon which create a model
4. Model Building
Create ,test and validate data model and evaluate they will project goals
5.Deployment
Apply model result to business decision or process.
6.Model Management
Manage models to improve performance,control access,promote reuse and minimize redundant activities
1. Project Definition
Define the business objectives and desired outcomes for the project and translate them into predictive analytic and objectives and tasks
2. Exploration
Analyze source data to determine the most appropriate model data and model building approach and scope the effort
3.Data Preparation
Select,extract,and tranform data upon which create a model
4. Model Building
Create ,test and validate data model and evaluate they will project goals
5.Deployment
Apply model result to business decision or process.
6.Model Management
Manage models to improve performance,control access,promote reuse and minimize redundant activities
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