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Supervised Data Mining Techniques
The algorithm learns from labeled data, where both the input (features) and output (target) are provided during training.
Unsupervised Data Mining Techniques
The algorithm works with unlabeled data and tries to find hidden patterns or relationships.
Reinforcement Learning Techniques
Learning where an agent interacts with an environment and learns through rewards and penalties
Supervised learning is widely used for
Predictive modeling in industries like finance, healthcare, marketing and retail. Can deliver powerful predictions and help organizations make data-driven decisions.
Labeled Data
Input data comes with known outputs (target labels).
Learning from Example
The algorithm learns to map inputs to outputs based on provided examples.
Prediction-Focused
Once trained, the model predicts labels or continuous values for new, unseen data
Finance
Detect fraudulent transactions