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If you could look back a couple of years ago at the state of AI and compare it with its current state, you would be shocked to find how exponentially it has grown over time. While the idea behind AI is to build smarter systems that think and execute on their own, they still need applciations be trained. The ML domain of AI has been created for the very exact purpose by bringing several algorithms, allowing for smoother data processing and decision-making.
What is Machine Learning Algorithms? ML algorithms are the brains behind any model, allowing machines to learn, making them smarter. This process of regularly exposing the algorithm to new data and experience improves the overall efficiency of the machine. ML algorithms are vital for a variety of tasks what is linear regression used for in real world applications to classification, predictive modeling, and analysis of data. By iteratively executing the function on the training data and involving the user for introducing control parameters, the model is improved.
The algorithm is considered a success when its mappings and predictions are found to be correct. Algorithms are left with the data to classify and group them to identify some hidden or undiscovered pattern and is often used as a preliminary step for supervised learning. These algorithms work by choosing an action and observing the usef, based on that, it learns how optimal the result is.
This process is repeated time and again until the algorithm evolves and chooses the right strategy. Top Machine Learning Algorithms After familiarizing yourself with the several types of ML algorithms, read usex for some of the popular ones. Linear Regression Linear Regression is a supervised ML algorithm that helps find a suitable approximate linear fit to a collection of points. At its core, linear regression is a linear approach to identifying the relationship between two variables what is linear regression used for in real world applications one of these values being a dependent value and the other being independent.
The idea behind this is to understand how a change in one variable impacts the other, resulting in a relationship that can be positive or negative. In this equation: Regressiln — Dependent Variable a — Slope X — Independent variable b — Intercept This algorithm applied in cases where the predicted output is continuous and has a constant slope, such as: Estimating sales Assessing application Weather data analysis Predictive Analytics Customer survey results analysis Optimizing product prices Useful links: Linear Models Ridge Regression Lasso Regression 2.
Logistic Regression Logistic Regression algorithm is often used in worl binary classification problems where the events in these cases commonly result in either of the two values, pass or fail, true or false. It is best suited for situations where there is a need to predict probabilities that the dependent variable will fall into one of the two categories of the response. Common use cases for this algorithm would be to identify whether the given handwriting matches to the person in question, will the prices of oil go up in coming months.
Logistic Regression algorithm source In general, regressions can be used in real-world applications such as: Credit Scoring Cancer Detection Geographic Image Processing Handwriting recognition Image Segmentation and Categorization Measuring the success rates of marketing campaigns Predicting the revenues of a certain product Is there going to be an earthquake on a particular day? Useful links: sklearn. LogisticRegression Logistic Regression Classification 3.
Decision Trees Decision Tree algorithm comes under supervised ML and is used for solving regression and classification problems. The purpose linnear to use a decision tree to go from observations to processing outcomes at each level. Processing decision trees is a top-down approach where the best suitable attribute from the training data is rel as the root and, the process is repeated for each branch.
Decision Trees are commonly used for: Building knowledge management platforms Selecting a flight to travel Predicting high occupancy dates for hotels Suggest a customer what car to buy Forecasting predictions and identifying possibilities in various domains Decision Tree algorithm source Useful links: sklearn. RandomForestClassifier sklearn. It operates by searching for common sets of items in the datasets and later builds associations on them.
It is generally used for itemset mining and association rule learning from relational databases. The idea behind this algorithm is to keep extending related items to a larger set as possible to create a more useful association. Applications for this algorithm include highlighting buying trends in the market. Moreover, it is easier to implement and can be used with large datasets. Naive Bayes Naive Bayes classifiers are categorized as a highly effective supervised ML algorithm and are one of the simplestBayesian Network models.
Naive Bayes source In simpler terms, it helps find the probability of an event A happening, given that event B has occurred. Naive Bayes is best for — Filtering spam messages Recommendation systems such as Netflix Classify a news article about technology, politics, or sports Sentiment analysis on social media Facial recognition software 6. Artificial Neural Networks Modeled after the human brain, the Artificial Neural Network acts as an enormous labyrinth of neurons or simply, nodes moving information to and from each other.
These interconnected nodes pass data instantaneously to other nodes via the edges for swift processing, what is linear regression used for in real world applications smoother learning. ANNs learn with examples, instead of being what is linear regression used for in real world applications with a specific set of rules. Able to model nonlinear processes, they can be implemented in areas such as — Pattern recognition Cybersecurity Regresslon mining Detecting varieties of cancer in patients Artificial Neural Networks source 7.
K-means Clustering k-means clustering is an iterative unsupervised learning algorithm that partitions n observations into k clusters where each observation belongs to the nearest cluster mean. Steps of the Regressoon algorithm s ource In simpler terms, this algorithm aggregates a collection of data points based on their similarity. Its applications range from clustering similar and relevant web search results, in programming languages and libraries such as PythonSciPySci-Kit Learnand data mining.
Real-World applications of K-means Clustering — Identifying fake news Spam detection and filtering Classify books or movies by genre Popular transport routes while town planning Useful links: sklearn. Support Vector Machines Support Vector Machines are categorized as supervised machine learning algorithms whta are primarily used for classification and regression analysis. The algorithm works by building models that assign new examples and data to a category, where these categories are easily distinguishable from one another by a gap.
SVM is highly effective in cases where the number what is linear regression used for in real world applications dimensions outweighs the number of samples and is extremely memory-efficient. SGDClassifier 9. K-nearest Neighbors K-nearest neighbors is a supervised ML algorithm used for both regression and classification problems. Usually implemented for pattern recognition, this algorithm first stores, and identifies the distance between all inputs in the data using a distance function, selects the k specified inputs closest to query and outputs: The most frequent label for classification The average value of k nearest neighbors for regression K-nearest Neighbors source Real-life applications of this algorithm include — Fingerprint detection Credit rating Forecasting the stock market Analyzing money laundering Bank rrgression Currency exchange rate applicatiins Dimensionality Reduction Algorithms Dimensionality Reduction algorithms work by reducing the dimension space or the number of random variables in a dataset by using one of the two primary approaches, Feature Selection or Feature Extraction.
These are often applied to preprocess the datasets, and to remove redundant features, making it easier for algorithms to train the model. These algorithms also come with a few nifty benefits, such as: Low storage requirements Less computing power required Increased accuracy Reduced noise A few well-known Dimensionality Reduction algorithms are: Principal What is linear regression used for in real world applications Analysis Linear Discriminant Analysis Locally Linear Embedding Multi-dimensional Scaling Principal Component Analysis Principal Component Analysis is one of the unsupervised algorithms for ML and is primarily used for reducing dimensions of your feature space by using either Feature Elimination or Feature Extraction.
It is also used as a tool for exploratory data analysis and building predictive models. Requiring normalized data, PCA can help with: Image Processing Movie recommendation system Calculating data covariance matrix Perform eigenvalue decomposition on the covariance matrix Optimize power allocation in multiple communication channels Principal Component Analysis source PCA aims to reduce foe from the datasets, making it simpler without compromising on accuracy.
It is commonly deployed in image processing and risk management sectors. Useful links: scipy. Random Forests Random Forests use a variety of algorithms for solving classification, what is linear regression used for in real world applications, and similar problems by implementing decision trees. The way it works is, it creates heaps of decision trees with random sets of data, and a model is trained repeatedly on it for near-accurate results.
In the end, all the results from these decision trees are combined to identify the best suitable result that appears most commonly in the output. Boosting algorithms are how does the base 2 system work when data ral abundant, and we seek to reduce the bias and variance in supervised learning. Below are two of the popular boosting algorithms.
Gradient Boosting Gradient Boosting algorithm is used for classification and regression problems by building a prediction model typically in an iterative manner such as the decision trees. It improves the weak learners by training it on the errors of the strong learners resulting in an overall accurate learner. It does so by modifying love is good quotes weights attached to the instances in the sample to focus more on the hard ones, later, the output from the weak worlf is combined to form a weighted sum, and is considered the final boosted output.
Conclusion ML algorithms are vital for Data Scientists due to their increasing alplications in the real world. With a variety of algorithms mentioned above, you can cause and effect research methods examples an algorithm that best solves your problem. These what is linear regression used for in real world applications, albeit being a mix of supervised and unsupervised, can handle a variety of tasks and are capable of working in sync with other algorithms.
Connect with Digitalogy on LinkedinTwitterInstagram. PNG IntroductionThis article is intended for data scientists who may consider using deep learning algorithms, and want to know more about the cons of i The article contains some of the most commonly used advanced statistical concepts along with their Python implementation. In my previous articles Be Join Us. Articles Data ScienceMachine Learning. By Claire Ix. An overview of Machine Learning Algorithms Source.
In this section, we will focus on the various types of ML algorithms that exist. The three primary paradigms of ML algorithms are:. As the name suggests, Supervised algorithms work by defining a set of lineqr data and the expected results. Supervised Learning source. While Supervised algorithms work on user-labeled data for output predictions, these train machines explicitly on unlabelled data with little to no user involvement.
Unsupervised Learning source. Reinforcement learning algorithms aim to find a the basic economic problem of scarcity happens when there are balance between exploration and exploitation without requiring labeled data or user intervention. After familiarizing yourself with the several types of ML algorithms, read on for some of the popular ones.
Linear Regression is a supervised ML algorithm that helps find a suitable approximate linear fit to a collection of points. This algorithm applied in cases where the predicted output is continuous and has a constant slope, such as:. Logistic Regression algorithm is often used in the binary classification problems where the events in these cases commonly result in either of the two values, pass or fail, true or false.
Logistic Regression algorithm source. Decision Trees are commonly used for:. Decision Tree algorithm source. Naive Bayes source. In simpler terms, it helps find the probability of an event A happening, given that event B has occurred. Naive Bayes is best for —. Modeled after the human brain, the Rral Neural Network acts as an enormous labyrinth of neurons or simply, nodes moving information to and from each other. Able to model nonlinear processes, they can be implemented in areas such as —. Artificial Neural Networks source.
Steps of the K-means algorithm s ource.
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