What is business analyst in SAP CEC-MKT-ML-PRE - Predictive Studio?

SAP Term: business analyst

• Component: CEC-MKT-ML-PRE

• Component Name: Predictive Studio

• Description: A separate business role to manage and process predictive and recommendation models.

Smart SAP Assistant

• Key Concepts: 
  A business analyst is a professional who uses data analysis and modeling to help organizations make better decisions. They are responsible for gathering, analyzing, and interpreting data to identify trends and patterns that can be used to inform business decisions. In the context of SAP, a business analyst may use the Predictive Studio component of the CEC-MKT-ML-PRE suite to create predictive models that can be used to forecast future outcomes. 
  
  How to Use It: 
  The Predictive Studio component of the CEC-MKT-ML-PRE suite provides a range of tools for business analysts to create predictive models. These tools include data preparation, feature engineering, model selection, and model evaluation. Business analysts can use these tools to create predictive models that can be used to forecast future outcomes. 
  
  Tips & Tricks: 
  When creating predictive models with the Predictive Studio component of the CEC-MKT-ML-PRE suite, it is important to ensure that the data is clean and accurate. This will help ensure that the model is accurate and reliable. Additionally, it is important to consider the context in which the model will be used when selecting features and parameters for the model. 
  
  Related Information: 
  For more information on using the Predictive Studio component of the CEC-MKT-ML-PRE suite, please refer to SAP’s documentation on predictive analytics. Additionally, there are many online resources available that provide tutorials and tips on using predictive analytics in SAP.