Artificial Intelligence and Machine Learning in Business Management

12 Machine Learning

Beginning of a New Era in the Dominance of Statistical Methods of Forecasting

Vijay Shankar Pandey

Assistant Professor, Institute of Management Sciences, University of Lucknow, Lucknow, India

DOI: 10.1201/9781003125129-12

Contents

• 12.1 Introduction
• 12.2 Analyzing Prominent Studies
• 12.3 Tabulation of Prominent Studies Forecasting Time Series Data Using Machine Learnings Techniques
• 12.4 Conclusion
• References

12.1 Introduction

Robotics and robots have intelligence to sense like human beings. The algorithm-based AI in these machines begins a new era of scientific journey. From recognition of voice to sensing of human emotions and working somehow beyond systematic patterns has completely changed the outcomes predicted with the help of statistical ...