What is model training in SAP CEC-MKT-ML-PRE - Predictive Studio?

SAP Term: model training

• Component: CEC-MKT-ML-PRE

• Component Name: Predictive Studio

• Description: The process of fitting a predictive model by executing an optimization algorithm on training data historical data.

Smart SAP Assistant

• Key Concepts: 
  Model training is the process of creating a predictive model using data from a variety of sources. It involves selecting the best algorithm for the data, tuning the parameters of the model, and evaluating the performance of the model. The CEC-MKT-ML-PRE Predictive Studio is an SAP tool that enables users to quickly and easily create predictive models. 
  
  How to use it: 
  The CEC-MKT-ML-PRE Predictive Studio provides a graphical user interface (GUI) that allows users to easily select data sources, select algorithms, tune parameters, and evaluate model performance. The GUI also provides visualizations of the data and results, making it easier to understand and interpret the results. 
  
  Tips & Tricks: 
  When creating a predictive model, it is important to select an appropriate algorithm for the data. Different algorithms have different strengths and weaknesses, so it is important to select one that is best suited for the data. Additionally, it is important to tune the parameters of the model to ensure that it is performing optimally. 
  
  Related Information: 
  The CEC-MKT-ML-PRE Predictive Studio is part of SAP's Machine Learning Suite, which provides a range of tools for creating predictive models. Other tools in the suite include SAP HANA Predictive Analysis Library (PAL), SAP HANA Predictive Analysis Services (PAS), and SAP HANA Predictive Analysis Services (PAS).