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Component: BI-RA-PA
Component Name: SAP Predictive Analytics
Description: Variable that you seek to explain, or for which you want to predict the values in an application data set. It corresponds to your domain-specific business issue.
Key Concepts: Target variable is a term used in SAP Predictive Analytics to refer to the variable that is being predicted. It is also known as the dependent variable, outcome variable, or response variable. It is the variable that is affected by the other variables in the model. How to use it: In SAP Predictive Analytics, target variables are used to create predictive models. The target variable is chosen based on the goal of the model and the data available. Once the target variable has been chosen, other variables are selected to create a predictive model that can be used to predict the value of the target variable. Tips & Tricks: When selecting a target variable, it is important to consider how it will be used in the model. For example, if you are creating a model to predict customer churn, you may want to select a target variable such as “customer churn rate” or “customer retention rate”. Related Information: SAP Predictive Analytics also includes other types of variables such as independent variables, categorical variables, and continuous variables. These variables can be used in combination with the target variable to create more accurate predictive models.