4. What is Machine Learning?
“… Subfield of computer science and
statistics that deals with the
construction ... of systems that can
learn from data rather than follow only
explicitly programmed instructions… “
Wikipedia
5. Machine Learning is not:
A specific tool or technique
A silver-bullet for all your data needs
Trivial or even easy
Magic!
6. Types of Machine Learning Problems
Classification – what is the category of observation X?
Clustering – which observations belong together?
Which do not?
Regression – what is the relation between variables?
For a given value of variable y, what will be the value of
x?
Others:
Recommender Systems Basket Analysis
…
8. Summary
Machine Learning is a set of algorithms and
tools for designing models to answer business
questions
Make decisions based on the application of
models to inputs
Learn, revise and apply!