Introducing Machine Learning

In the rapidly evolving world of data-driven decision-making, machine learning has emerged as a game-changer. As a decision-maker, understanding the fundamentals of this powerful tool is essential to leverage its potential and stay ahead in today’s competitive landscape.

In this chapter, we will demystify machine learning, exploring its roots in statistics and its pivotal role within artificial intelligence (AI). We’ll break down the different types of machine learning techniques and walk through the process of training, validating, and testing models. Moreover, we’ll dive into the exciting world of deep learning and its transformative impact on various industries.

By the end of this chapter, you’ll have a solid grasp of the following topics:

• The evolution from traditional statistics to machine learning
• The significance of machine learning in data-driven decision-making
• The diverse applications of machine...