What Type of Model Is Machine Learning?
Machine learning isn’t a model, it’s a field of study that’s under the umbrella of artificial intelligence. Researchers in this field develop and study algorithms that leverage statistics—like those that power Prescient’s MMM. These algorithms enable systems to learn from data, identify patterns, and make decisions with minimal human intervention. It's used in various applications including predictive analytics and complex decision-making. Models, specifically training models, are used to train these algorithms. So, while models are used in machine learning, machine learning is not a type of model.
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