Definition Predictive model
A predictive model is a statistical model designed to predict future outcomes. In theory, all machine learning models can be used to make predictions.
Please note that the definitions in our statistics encyclopedia are simplified explanations of terms. Our goal is to make the definitions accessible for a broad audience; thus it is possible that some definitions do not adhere entirely to scientific standards.
Entries starting with
P
- P value
- Probability
- Predictive model
- Population
- Panel data