Machine learning algorithms help in predicting outcomes from "summary" of Data Science For Dummies by Lillian Pierson
Machine learning algorithms are essential tools for data scientists because they can help predict outcomes based on data patterns. These algorithms use historical data to identify trends and relationships that can then be used to make predictions about future events. By analyzing large amounts of data, machine learning algorithms can uncover hidden patterns that humans may not be able to detect on their own. This predictive capability is especially valuable in fields such as finance, healthcare, and marketing, where making accurate predictions can have a significant impact on decision-making. One common type of machine learning algorithm used for prediction is the decision tree algorithm. This algorithm works by dividing the data into smaller subsets based on different features, ultimately creating a tree-...
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