Choosing the Right Predictive Model Once data is prepped, the next step involves choosing the appropriate predictive model. In Power BI, analysts can use various algorithms for forecasting and classification. Some common predictive models include:
Time Series Forecasting: For analyzing and predicting trends over time, such as sales or stock prices. Power BI Data Analysts can implement time series forecasting using Power BI built-in ARIMA or exponential smoothing models.