What is event data set in SAP BI-RA-PA - SAP Predictive Analytics?

SAP Term: event data set

• Component: BI-RA-PA

• Component Name: SAP Predictive Analytics

• Description: Table with detail data that will be used to create aggregates.

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• Key Concepts: 
  An event data set is a type of data set used in SAP Predictive Analytics. It is a collection of events that are related to each other and can be used to identify patterns and trends in the data. Event data sets are typically used for predictive analytics, as they can help identify potential future outcomes based on past events. 
  
  How to use it: 
  Event data sets can be used to create predictive models that can be used to make predictions about future outcomes. To create an event data set, you will need to collect data from multiple sources and then organize it into a format that can be used for analysis. Once the data is organized, you can use various algorithms and techniques to analyze the data and create predictive models. 
  
  Tips & Tricks: 
  When creating an event data set, it is important to ensure that the data is accurate and up-to-date. Additionally, it is important to ensure that the data is organized in a way that makes it easy to analyze. Finally, it is important to use appropriate algorithms and techniques when analyzing the data in order to get the most accurate results. 
  
  Related Information: 
  Event data sets are closely related to time series data sets, which are collections of events that occur over time. Time series data sets can also be used for predictive analytics, but they are typically more complex than event data sets. Additionally, event data sets can be combined with other types of data sets such as demographic or geographic information in order to create more complex predictive models.