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Feature scaling: A way to elevate data potential

Data Science Dojo

Normalization A feature scaling technique is often applied as part of data preparation for machine learning. The goal of normalization is to change the value of numeric columns in the dataset to use a common scale, without distorting differences in the range of values or losing any information.

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Machine learning algorithms

Dataconomy

Decision trees: They segment data into branches based on sequential questioning. Unsupervised algorithms In contrast, unsupervised algorithms analyze data without pre-existing labels, identifying inherent structures and patterns. Random forest: Combines multiple decision trees to strengthen predictive capabilities.

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Supervised vs Unsupervised Learning: Key Differences

How to Learn Machine Learning

It groups similar data points or identifies outliers without prior guidance. Type of Data Used in Each Approach Supervised learning depends on data that has been organized and labeled. This data preparation process ensures that every example in the dataset has an input and a known output.

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Decoding Demand: The Data Science Approach to Forecasting Trends

Pickl AI

Data Preparation for Demand Forecasting High-quality data is the cornerstone of effective demand forecasting. Just like building a house requires a strong foundation, building a reliable forecast requires clean and well-organized data. They are particularly effective when dealing with high-dimensional data.

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Artificial Intelligence Using Python: A Comprehensive Guide

Pickl AI

Data Preparation for AI Projects Data preparation is critical in any AI project, laying the foundation for accurate and reliable model outcomes. This section explores the essential steps in preparing data for AI applications, emphasising data quality’s active role in achieving successful AI models.

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Statistical Modeling: Types and Components

Pickl AI

They identify patterns in existing data and use them to predict unknown events. Techniques like linear regression, time series analysis, and decision trees are examples of predictive models. Start by collecting data relevant to your problem, ensuring it’s diverse and representative.

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How To Use ML for Credit Scoring & Decisioning

phData

With a modeled estimation of the applicant’s credit risk, lenders can make more informed decisions and reduce the occurrence of bad loans, thereby protecting their bottom line. More recently, ensemble methods and deep learning models are being explored for their ability to handle high-dimensional data and capture complex patterns.

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