Machine Learning (Supervised)

Shailesh Kumar ()
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Shailesh Kumar: Reliance Jio

Chapter Chapter 16 in Essentials of Business Analytics, 2019, pp 507-568 from Springer

Abstract: Abstract Every time we search the Web, buy a product online, swipe a credit card, or even check our e-mail, we are using a sophisticated machine learning system, built on a massive cloud platform, driving billions of decisions every day. Machine learning has many paradigms. In this chapter, we explore the philosophical, theoretical, and practical aspects of one of the most common machine learning paradigms—supervised learning—that essentially learns a mapping from an observation (e.g., symptoms and test results of a patient) to a prediction (e.g., disease or medical condition), which in turn is used to make decisions (e.g., prescription). This chapter explores the process, science, and art of building supervised learning models.

Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-319-68837-4_16

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DOI: 10.1007/978-3-319-68837-4_16

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