What is predictive calculation in SAP CEC-MKT-ML-PRE - Predictive Studio?

SAP Term: predictive calculation

• Component: CEC-MKT-ML-PRE

• Component Name: Predictive Studio

• Description: used for calcualting scores

Smart SAP Assistant

• Key Concepts: 
  Predictive calculation is a feature of the CEC-MKT-ML-PRE Predictive Studio component of SAP software. It is a machine learning tool that enables users to create predictive models and use them to make predictions about future outcomes. Predictive calculation can be used to identify trends, forecast customer behavior, and optimize business processes. 
  
  How to use it: 
  To use predictive calculation, users must first create a predictive model. This involves selecting the data set to be used, selecting the algorithm to be used, and setting the parameters for the model. Once the model is created, users can then use it to make predictions about future outcomes. 
  
  Tips & Tricks: 
  When creating a predictive model, it is important to select an algorithm that is appropriate for the data set being used. Additionally, it is important to ensure that the parameters are set correctly in order to get accurate predictions. 
  
  Related Information: 
  The CEC-MKT-ML-PRE Predictive Studio component of SAP software also includes other features such as data visualization and data exploration. Additionally, there are other machine learning tools available in SAP software such as SAP HANA and SAP Leonardo Machine Learning Foundation.