Homework Help: Questions and Answers: Which Al application helps in predicting future outcomes based on historical data?
a) Speech Recognition
b) Natural Language Processing (NLP)
c) Predictive Analytics
d) lmage Recognition
Answer
First, let’s understand what the question is asking: Its about identify which AI application helps predict future outcomes based on historical data.
Now, with understanding, let’s determine the correct option (answer) from the given options.
Given Options: Step by Step Answering
a) Speech Recognition:
- This AI application is used to convert spoken language into text. It focuses on understanding and processing audio input, not predicting future outcomes based on historical data.
b) Natural Language Processing (NLP)
- This AI application deals with the interaction between computers and humans through natural language. It focuses on understanding and processing human language but not specifically on predicting future outcomes based on historical data.
c) Predictive Analytics
- This AI application uses statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data. It is explicitly designed for making predictions and forecasts.
d) Image Recognition
- This AI application focuses on identifying and detecting objects or features in images. It deals with visual data and does not specifically predict future outcomes based on historical data.
Final Answer
Based on the above analysis, the AI application that best fits the description of “predicting future outcomes based on historical data” is Predictive Analytics.
c) Predictive Analytics
This (Predictive Analytics) AI application specifically uses historical data to forecast future trends and outcomes.
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