✏ Chapter 1
Machine Learning for Predictive Data Analytics
Extract insight
Study the past if you would define the future 👤
Make better decision
💥 1.1 What Is Predictive Data Analytics ❓
⭐ Is the art of building and using models that make predictions based on patterns extracted from historical data
Applications include
Price Prediction
Dosage Prediction
Risk Assessment
Propensity Modeling
Diagnosis
Document Classification
💥 1.2 What Is Machine Learning ❓
⭐ Is defined as an automated process that extracts patterns from data.
💥 1.4 What Can Go Wrong With Machine Learning ❓
Underfitting
Overfitting
The algorithm is too simplistic
The algorithm is too complex