Chapter 1. Getting Started with Predictive Modelling

Predictive modelling is an art; its a science of unearthing the story impregnated into silos of data. This chapter introduces the scope and application of predictive modelling and shows a glimpse of what could be achieved with it, by giving some real-life examples.

In this chapter, we will cover the following topics in detail:

• Introducing predictive modelling
• Applications and examples of predictive modelling
• Installing and downloading Python and its packages
• Working with different IDEs for Python