Types of Predictive Analytics: Classification vs. Regression

Companies need predictive analytics models to anticipate future situations, adapt their suply to new market needs and optimize their strategies for the future. There are two types of predictive analytics: classification models and regression models.

Classification Vs. Clustering - A Practical Explanation

Classification and clustering are two methods of pattern identification used in machine learning. Although both techniques have certain similarities, the difference lies in the fact that classification uses predefined classes in which objects are assigned, while clustering identifies similarities between objects,[...]