Machine Learning Algorithms for Prediction
Machine Learning Algorithms:
Machine learning algorithms characteristically fall into one of two learning types:
i. Supervised learning
ii. Unsupervised learning
Supervised learning refers to working with a set of labelled training data. For every example, in the training data, you have an input object and an output object.
On the opposite end of this spectrum is unsupervised learning, where you let the algorithm find a hidden pattern in a load of data. With unsupervised learning there is no right or wrong answer; it’s just a case of running the machine learning algorithm and seeing what patterns and outcomes occur.