Instructions
Predictive analytics has a wide variety of applications, including saving costs in health care. For your first discussion, read the following article by Todd Steffes:
Steffes, T. (2012). Predictive analytics: Saving lives and lowering medical bills (Links to an external site.). Analytics Magazine, 24-27.
When finished, answer each of the following prompt questions in your initial response. In addition, you will need to respond to at least two of your classmates to receive full credit for this assignment.
Prompts
Respond to all of the following prompts:
From this module’s readings, describe what predictive analytics means to you.
What types of opportunities do you see for companies based on the information in the article?
What types of roadblocks might companies come across when using predictive analytics?
How might predictive analytics benefit your current (or former) organization?
1. From this module’s readings, describe what predictive analytics means to you.
2. What types of opportunities do you see for companies based on the information in the article?
3. What types of roadblocks might companies come across when using predictive analytics?
4. How might predictive analytics benefit your current (or former) organization?
5. Compare and contrast predictive analytics vs. descriptive analytics.
What types of opportunities do you see for companies based on the information in the article?
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