What technology uses algorithms to enable predictive modeling? 🔊
**What technology uses algorithms to enable predictive modeling?**
**Machine learning** is the technology that employs algorithms to facilitate predictive modeling. It enables computers to analyze and learn from data, improving their performance over time without being explicitly programmed. By identifying patterns and making data-driven predictions, machine learning algorithms power applications such as recommendation systems, fraud detection, and market analysis. Techniques like regression, classification, and clustering are commonly used in predictive modeling to forecast outcomes based on historical data. This technology is rapidly transforming industries through enhanced decision-making capabilities.
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