Chapter 10. Predictive Analytics and Machine Learning

Predictive analytics and machine learning are hot, new research fields. They are new compared to other fields and, without a doubt, we can expect a lot of rapid growth. It is even predicted that machine learning will accelerate so fast that within mere decades human labor will be replaced by intelligent machines (see The current state of art is far from that utopia. A lot of computing power and data is still needed to make even simple decisions, such as determining whether pictures on the Internet contain dogs or cats. Predictive analytics uses a variety of techniques, including machine learning to make useful predictions, for instance, ...

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