Talk:Prescriptive analytics

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References, Sources, Citations and Notability

Latest comment: 5 years ago4 comments4 people in discussion

References and sources have been added to the Wikipedia Prescriptive Analytics page. Citations have been added within the text. Third party sources from individual subject matter experts as well as industry experts such as analysts who follow and report on the analytics field have been included. --BlaineKohl (talk) 19:33, 25 June 2012 (UTC)Reply

The term 'prescriptive analytics' was not familiar to me until a few years ago even though I am a deep expert in decisions making by predicting outcomes and guided by this selecting best decisions. Perhaps there is another term for this. The definition in Wikipedia include that it must be based on 'big data'. Without that then the earliest application goes back at least 40 years. Please clarify this issue in the definition. CarlosWMoreno (talk) 22:39, 28 September 2014 (UTC)Reply

The article reads like a commercial. There are still too many statements that lack proper citations. There are no arguments regarding the difference between prescriptive analytics and predictive modelling, causal modelling or EBM (evidence based medicine). Technical details are also lacking. — Preceding unsigned comment added by Thomas Speidel (talk • contribs) 14:34, 28 September 2016 (UTC)Reply

The difference between predictive and prescriptive modelling is that prescriptive recommends action. For example, predictive analytics would tell you that the price of a raw material is about to rise. Prescriptive analytics would recommend you increase your prices because of a predicted rise in the price of your raw materials. https://www.businessnewsdaily.com/8655-predictive-vs-prescriptive-analytics.html NRGized (talk) —Preceding undated comment added 10:48, 20 April 2019 (UTC)Reply

Wiki Education assignment: Research Process and Methodology - SP23 - Sect 201 - Thu

Latest comment: 1 year ago1 comment1 person in discussion

This article was the subject of a Wiki Education Foundation-supported course assignment, between 25 January 2023 and 5 May 2023. Further details are available on the course page. Student editor(s): Liliability (article contribs).

— Assignment last updated by Liliability (talk) 04:29, 1 May 2023 (UTC)Reply

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