Data Mining Application

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8 Terms

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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.

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Unsupervised Data Mining Techniques

The algorithm works with unlabeled data and tries to find hidden patterns or relationships.

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Reinforcement Learning Techniques

Learning where an agent interacts with an environment and learns through rewards and penalties

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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.

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Labeled Data

Input data comes with known outputs (target labels).

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Learning from Example

The algorithm learns to map inputs to outputs based on provided examples.

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Prediction-Focused

Once trained, the model predicts labels or continuous values for new, unseen data

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Finance

Detect fraudulent transactions