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This analysis helps the retailer understand historical sales trends and customer behaviour, which can be used to inform inventory management and marketing strategies. PredictiveAnalyticsPredictiveanalytics uses statistical models and ML techniques to forecast future outcomes based on historical data.
After exhausting most of their traditional methods, the company was looking for other ways to improve customerexperience, while at the same time tackling their high annual employee turnover, whose figure was above the average of its competitors. 5) Find improvement opportunities through predictions.
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