Machine learning algorithms are used to automate tasks, extract insights, and make more informed decisions.
Choosing the right algorithm for a specific problem involves understanding the task, the characteristics of the data, and the strengths and limitations of different algorithms.
Supervised Learning
Common Classification algorithms include:
Common Regression algorithms include:
Unsupervised Learning
Common Clustering algorithms include:
Common Dimensionality Reduction algorithms include:
Strengths and Limitations of Machine Learning Algorithms
Strengths:
Automation: Machine learning algorithms can automate complex tasks, freeing up human resources for other activities.
Adaptability: Machine learning algorithms can adapt to changing data patterns, making them suitable for dynamic environments.
Scalability: Machine learning algorithms can handle large datasets efficiently, making them applicable to big data problems.
Knowledge Discovery: Machine learning algorithms can help discover hidden patterns and relationships in data, leading to new insights and knowledge.
Limitations:
Data Dependence: The performance of machine learning algorithms heavily depends on the Data Quality and quantity of the training data.
Overfitting occurs when the model learns the training data too well and fails to generalise to new, unseen data.
Bias and variance: Machine learning algorithms can be biased, reflecting the biases present in the training data.
Interpretability: Some machine learning algorithms, especially deep learning models, can be complex and difficult to interpret, making it challenging to understand the reasoning behind their predictions.