Real-World Machine Learning

List of Figures

Chapter 1. What is machine learning?

Figure 1.1. Machine-learning process for the cats and dogs competition

Figure 1.2. The loan-approval process for the microlending example

Figure 1.3. After a few months of business and 2,500 loan applications, 1,000 were approved, of which 700 applicants repaid the loan on time and the other 300 defaulted. This initial set of observed information is critical to start building automation into your loan-approval process.

Figure 1.4. Filtering new applications through two business rules enables you to reduce manual analysis to only 52% of the incoming applications.

Figure 1.5. Basic ML workflow, as applied to the microloan example

Figure 1.6. In this two-class classification, individual data ...