Market Structure
Factors
Discovery
Techniques
Networks
Data Management
Concepts
Vision
Analyzing Trends Using Predictive Analytics 
Collection: Gathering relevant data from various sources, including internal databases, customer interactions, and external
market research
...Decision Trees: A flowchart-like
structure that helps to make decisions based on the outcomes of various scenarios
...
Factors External Factors Influences from outside the organization, including
market trends, economic conditions, and competitive landscape
...Cost
Structure: Analyzing fixed and variable costs helps in pricing decisions and profitability analysis
...
Discovery Types of Discovery Data Discovery: The initial phase where data is collected, processed, and explored to understand its
structure and content
...Identifying Opportunities: Through discovery, businesses can identify
market trends, customer preferences, and potential areas for growth
...
Techniques 2 Applications Descriptive analytics is widely used in: Performance Measurement
Market Research Customer Segmentation 1
...Sales prediction, risk assessment Decision Trees A flowchart-like
structure that uses branching methods to illustrate every possible outcome of a decision
...
Networks Types of Networks Networks can be classified into several categories based on their
structure and purpose
...facilitate the gathering of data from various sources, allowing businesses to obtain a comprehensive view of their operations and
market conditions
...
Data Management Competitive Advantage: Organizations that effectively manage and analyze their data can identify
market trends and opportunities faster than their competitors
...Data Architecture Data architecture defines the
structure and organization of data within an organization
...
Concepts Decision Trees A flowchart-like
structure to make decisions based on different attributes
...Market segmentation
...
Vision Genre The style of music that influences the overall sound and
structure ...well-articulated vision contributes to the development of a unique sound and style, setting the artist apart in a crowded
market ...
Analyzing Survey Data using Machine Learning Decision Trees A flowchart-like
structure that splits data into branches to make decisions
...Market Research Organizations can analyze customer feedback to identify market trends, preferences, and potential areas for product development
...
Data Mining for Enhanced Performance Association Rule Learning: Discovering relationships between variables in large datasets, often used in
market basket analysis
...Decision Trees: A flowchart-like
structure that helps in decision making by mapping out possible outcomes
...
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