Glossary of Data Science and Data Analytics

What is Machine Learning?

BIG DATA & AI

TechTarget defines machine learning as: “... it is a type of artificial intelligence (AI) that provides computers with the ability to learn without being explicitly programmed. It focuses on developing computer programs that can teach them to grow and change when exposed to new data. The process of machine learning is similar to the process of data mining. Both systems conduct research from the data to find patterns. But instead of extracting data for people to understand, as is the case with data mining applications, machine learning uses that data to improve the program's own understanding. Machine learning programs detect patterns in the data and adjust program actions accordingly.”

At Teradata, machine learning is thought to be particularly powerful in the context of big data because machines can test hypotheses using large volumes of data, reorganize business rules as conditions change, and detect anomalies and outliers quickly and accurately.

A software system based on machine learning is trained using large volumes of data and learns to act based on experience, which makes machine learning superior in problem solving.

What is Machine Learning Used For?

Image Recognition: One of the most important machine learning applications, image recognition is a way to detect features or objects in a digital image. The same technique can also be used for a number of additional scenarios such as pattern recognition, face detection, facial recognition, and optical character recognition. Using machine learning in image recognition involves extracting key features from an image and transferring those key features to a reliable machine learning model.

Data Import: The process of pulling information or structured data from unstructured data, known as data fetching, is another important use of machine learning due to the very large amounts of data generated by the many devices used. When it comes to big data, machine learning is important in terms of retrieving unstructured data and extracting the insights they contain.

Emotion Analysis: The process of emotion analysis, sometimes called idea mining or emotion classification, determines the behavior of individuals based on emotional cues in their writings. The purpose of emotion analysis is to determine what people think, whether good, bad, or indifferent. Review websites and decision-making apps also benefit from emotion analysis. Machine learning involves supervised and unsupervised learning algorithms, both used for emotion analysis.

Fraud Detection: Fraud detection, especially online fraud detection, is a more advanced application of machine learning that effectively provides the user with cybersecurity and even a way for businesses to reduce losses and maximize profits. The use of machine learning for fraud detection is vastly superior to traditional methods of fraud detection.

Customer Shopping Suggestions: Your favorite online shopping sites can offer you attractive offers because of machine learning — products, services or special offers. Machine learning methods such as supervised, semi-supervised, unsupervised, reinforcement are integral parts of recommendation-based systems.

Are there different types of machine learning?

There are some variations of defining the types of Machine Learning Algorithms, but they can be broadly categorized according to their purpose. The main categories are:

Supervised Learning: The model is trained on a dataset labeled with both input and output parameters. Both training and validation datasets are labeled.

Semi-Supervised Learning: It uses unlabeled data for training — typically a large amount of unlabeled data with a small amount of labeled data.

Unsupervised Learning: Unsupervised learning, also known as self-organization, is used to find previously unknown patterns in a dataset that does not have pre-existing labels and allows modeling of probability densities of specific inputs.

Empowerment Learning: It addresses how software agents should take action in an environment to maximize some cumulative reward concepts. Unlike supervised learning, labeled input/output pairs are not required, and substandard measures do not need to be explicitly corrected. Here the focus is on striking a balance between research and use.

What is the difference between machine learning and deep learning?

There are several differences between machine learning and deep learning:

How They Work

Machine learning uses automated algorithms that learn to predict future decisions and model functions using the data it feeds on.

Deep learning, on the other hand, interprets data properties and relationships using neural networks that pass relevant information through numerous data processing stages.

Management, Forwarding

In machine learning, algorithms are driven by analyses to study different dataset variables.

In deep learning, algorithms typically orient themselves for relevant data analysis.

Data Point Volume

Machine learning uses several thousand data points for analysis.

Deep learning uses several million data points for analysis.

Output

The output of machine learning is usually numerical, such as a score or classification.

The deep learning outcome, on the other hand, can be a score, item, text, sound, or other determinants.

What is the difference between machine learning and artificial intelligence?

Machine learning (ML) is the acquisition of knowledge or skill.

Artificial intelligence (AI) is the ability to acquire and apply information.

The Purpose of Each

AI is focused on success, not accuracy.

ML is focused on accuracy, not success.

How They Work

AI works like a “smart” computer program.

ML is a simple machine that digests data and learns from the data.

The Purpose of Each

AI tries to solve complex problems by imitating natural intelligence.

ML is task-oriented, trying to maximize the machine performance of the given task.

What They Do

AI makes decisions based on data.

ML is a system that learns from received data.

What They Create

AI develops a system that mimics human reactions and behaviors under certain conditions.

ML generates self-learning algorithms.

The Final Product of Each

AI generates intelligence (business, consumer, market, etc.).

ML produces information that can be examined further.

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