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:

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.

Unsupervised Learning:

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.