What does the 'What is the Difference' feature do in prediction builder?

Prepare for your Analytics Consultant Certification Exam. Utilize flashcards and multiple choice questions, each question includes hints and explanations. Get ready to ace your exam!

The 'What is the Difference' feature in the prediction builder functions specifically to compare two variables by presenting the data visually through a waterfall chart. This type of chart effectively illustrates how one variable influences predictions relative to another, making it a powerful tool for understanding variations and causal relationships within the data.

When using the waterfall chart, users can easily see how incremental changes in one variable impact the predicted outcome, consistently showing how different factors contribute to an overall prediction. This visualization can significantly enhance decision-making processes by clarifying the effects of various inputs on the outcome.

The other options, while they serve important functions in analytics, do not specifically relate to the comparative analysis through a waterfall chart. Overall performance metrics are useful in evaluating model efficacy, prediction results summaries provide an overview of outcomes, and custom filters facilitate focused analysis; however, none of these options offers the graphical comparative approach that the waterfall chart does. Thus, the correct answer focuses on the unique capability of visualizing the differences between two variables.

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