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Machine learning plays a key role in predictive analytics from "summary" of Data Science and Big Data Analytics by EMC Education Services
Predictive analytics is a critical component of data science, as it involves using historical and current data to make predictions about future events or outcomes. Machine learning, a subset of artificial intelligence, plays a pivotal role in predictive analytics by enabling algorithms to learn patterns and relationships from data without being explicitly programmed. This ability to learn from data and improve performance over time is what sets machine learning apart from traditional statistical modeling approaches. Machine learning algorithms can be broadly categorized into two types: supervised and unsupervised learning. Supervised learning involves training a model on labeled data, where the algorithm learns to map input data to the correct output based on the provided labels. This type of learning is commonly used in predictive modeling tasks, where the goal is to predict a target variable based on input features. On the other hand, unsupervised learning involves training a model on unlabeled data to discover hidden patterns or structures within the data. This type of learning is useful for clustering similar data points together or reducing the dimensionality of the data for further analysis. Both supervised and unsupervised learning techniques are essential in predictiv...
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