Predictive Analysis

Predictive analysis in data visualization involves using historical data to forecast future trends and outcomes. By applying statistical techniques and algorithms, analysts identify patterns within the data, which can then be represented visually through charts, graphs, and maps. These visual tools help make complex data easier to understand, allowing decision-makers to grasp potential future scenarios quickly. For example, a retail business might use predictive analysis to project sales trends based on past purchasing behavior, enabling them to adjust inventory and marketing strategies accordingly.