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Predictive analytics - A look into the future
Algorithm predicts future crimes
A team of data and social scientists at the University of Chicago has developed a new algorithm for predicting crime. The algorithm divides a city into 1,000-square-foot tiles and uses temporal and geographic patterns from historical violent and property crime data to predict future events. The model was trained and tested using data from a total of eight major U.S. cities, while the result was that future crimes could be predicted a week in advance with about 90 percent accuracy.