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Algorithm

Linear regression

Description

Finds a way to correlate each feature to the output to help predict future values.

Type

Regression
Algorithm

Logistic regression


Description

Extension of linear regression that’s used for classification tasks. The output variable 3is binary (e.g., only black or white) rather than continuous (e.g., an infinite list of potential colors)

Type

Classification
Algorithm

Decision tree

Description

Highly interpretable classification or regression model that splits data-feature values into branches at decision nodes (e.g., if a feature is a color, each possible color becomes a new branch) until a final decision output is made

Type

Regression
Classification
Algorithm

Naive Bayes

Description

The Bayesian method is a classification method that makes use of the Bayesian theorem. The theorem updates the prior knowledge of an event with the independent probability of each feature that can affect the event.

Type

Regression
Classification
Algorithm

Support vector machine

Description

Support Vector Machine, or SVM, is typically used for the classification task.
SVM algorithm finds a hyperplane that optimally divided the classes. It is best used with a non-linear solver.

Type

Regression (not very common)
Classification
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Algorithm

Random forest

Description

The algorithm is built upon a decision tree to improve the accuracy drastically. Random forest generates many times simple decision trees and uses the β€˜majority vote’ method to decide on which label to return. For the classification task, the final prediction will be the one with the most vote; while for the regression task, the average prediction of all the trees is the final prediction.

Type

Regression
Classification
Algorithm

AdaBoost

Description

Classification or regression technique that uses a multitude of models to come up with a decision but weighs them based on their accuracy in predicting the outcome

Type

Regression
Classification
Algorithm

Gradient-boosting trees

Description

Gradient-boosting trees is a state-of-the-art classification/regression technique. It is focusing on the error committed by the previous trees and tries to correct it.

Type

Regression
Classification
Unsupervised learning

In unsupervised learning, an algorithm explores input data without being given an explicit output variable (e.g., explores customer demographic data to identify patterns)

You can use it when you do not know how to classify the data, and you want the algorithm to find patterns and classify the data for you
Algorithm Name

K-means clustering

Description

Puts data into some groups (k) that each contains data with similar characteristics (as determined by the model, not in advance by humans)

Type

Clustering
Algorithm Name

Gaussian mixture model

Description

A generalization of k-means clustering that provides more flexibility in the size and shape of groups (clusters)

Type

Clustering
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Algorithm Name

Hierarchical clustering

Description

Splits clusters along a hierarchical tree to form a classification system.
Can be used for Cluster loyalty-card customer

Type

Clustering
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Algorithm Name

Recommender system

Description

Help to define the relevant data for making a recommendation.

Type

Clustering
Algorithm Name

PCA/T-SNE

Description

Mostly used to decrease the dimensionality of the data. The algorithms reduce the number of features to 3 or 4 vectors with the highest variances

Type

Dimension Reduction
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​How to Choose Machine Learning Algorithm

Now in this Machine learning basics tutorial, we will learn how to choose Machine Learning (ML) algorithm:
There are plenty of machine learning algorithms. The choice of the algorithm is based on the objective.

In the Machine learning example below, the task is to predict the type of flower among the three varieties.

The predictions are based on the length and the width of the petal. The picture depicts the results of ten different algorithms. The picture on the top left is the dataset. The data is classified into three categories: red, light blue and dark blue. There are some groupings. For instance, from the second image, everything in the upper left belongs to the red category, in the middle part, there is a mixture of uncertainty and light blue while the bottom corresponds to the dark category. The other images show different algorithms and how they try to classified the data.
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Challenges and Limitations of Machine Learning

Now in this Machine learning tutorial, we will learn about the limitations of Machine Learning:
The primary challenge of machine learning is the lack of data or the diversity in the dataset. A machine cannot learn if there is no data available. Besides, a dataset with a lack of diversity gives the machine a hard time. A machine needs to have heterogeneity to learn meaningful insight. It is rare that an algorithm can extract information when there are no or few variations. It is recommended to have at least 20 observations per group to help the machine learn. This constraint leads to poor evaluation and prediction.
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