as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what is predictive analytics?
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predictive analytics is a branch of analytics that strives to forecast future outcomes and trends based on existing data and observations. it uses machine learning algorithms and data mining techniques to analyze and identify patterns in data and make accurate predictions about the future. predictive analytics has the potential to be used in a variety of industries, from finance to healthcare, to help businesses make more informed decisions.
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