September 2024
Intermediate to advanced
501 pages
17h 6m
English
This chapter explores machine learning. This topic is closely related to statistical modeling, which we considered in Chapter 14 because both use data to describe and predict outcomes of uncertain or unknown processes. The approach taken in statistical modeling emphasizes understanding how the data is generated by devising models that describe the underlying process behavior and fitting the model’s parameters to the observed data. If the model fits the data well and satisfies the relevant model assumptions, then the ...