Historical data is examined for patterns that are then used to make predictions is one of the analysis methods that describe neural computing
What is neural computing?
A neural network is an artificial intelligence technique that instructs computers to analyze data in a manner modeled after the human brain. It is a kind of artificial intelligence technique known as deep learning that makes use of interconnected neurons or nodes in a layered structure to mimic the human brain.
Historical data is nothing but the existing network data which is stored for the predicting in future
In the context of neural networks, the word "pattern" refers to a collection of activations over a group of units (neurons).
Hence to conclude neural netwoks almost describes the patterns
To know more on neural networks follow this link
brainly.com/question/27371893
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