Based on business analysis strategy, predictive analytics is used for all of the following except establishing consumer credit scores.
Predictive analytics is a term that is used to describe the various strategies that have different statistical methods from data mining, predictive modeling, and machine learning.
Predictive Analytics is generally used by business firms to analyze various current and historical data to make predictions about future or otherwise incoming events.
Various predictive analytics is used by business firms to make a decision, some of the predictive analytics include the following:
Predictive Analytics can be used in many ways, such as:
Hence, in this case, it is concluded that the correct answer is "establishing consumer credit scores."
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