Predictive Analytics
When decisions currently made on historical averages would be better made on current signals, and there is enough history to learn from.
Prediction is only useful if someone acts on it, which makes calibration more important than raw accuracy. A model that is confidently wrong in a narrow band is more dangerous than one that is broadly uncertain, because nobody checks it.
The work therefore includes deciding what happens when a prediction is wrong, before anyone relies on one being right.
What the work includes
- Forecasting built on current signals rather than historical averages alone
- Calibration against your own outcomes, revisited as conditions change
- Clear thresholds for when a prediction should route to a human
- Monitoring for drift as the underlying behaviour shifts