As we all know, around the world all nearly manual tasks becoming fully
automated, and all of the things possible only because of AI and Machine
Learning. Machine Learning algorithms help computers to work automatically as
we do. We living in the era of the technological world where we can see the
enhancement of technological advancement over the years. In the coming years,
Machine Learning and AI will be the most popular technology in the market that
everyone wants to implement in businesses for better productivity. Govt. also
started focusing on these technologies and providing investment for AI and
Machine Learning.
An ML algorithm is a method that runs on data and is used to create a
machine learning model that is ready for output. Learning tasks can include
learning the feature that maps the input to the output, learning the hidden
structure in unlabeled data, or 'instance-based learning,' where a class label
is created by comparing the new instance (row) to instances stored in memory
from the training data. Instance-based learning does not produce an abstraction
from particular cases. These algorithms are highly automated and self-modifying
because, with the addition of an increased amount of data and with minimal
human interaction needed, they continue to evolve over time.
So here we discuss the best machine learning algorithms for beginners:
Linear Regression
It demonstrates the connection in the midst of an independent and a
dependent variable and deals with continuous values of prediction/estimates.
The effect on the dependent variable is described while the independent
variable is modified, as a result of which an independent variable is known as
the explanatory variable, while the dependent variable is named as the interest
of factor. For example, it can be used in the insurance domain for risk
assessment to identify the number of applications for users of multiple ages.
The predictor value in a simple linear regression is an independent value that
has no underlying dependence on any variable. The x and y relationship is
described as follows:
Y = mx+c
Here the slope is m and the intercept is c.
Logistic Regression
Logistic regression is an effective statistical way of modeling one or
more explanatory variables for a binomial result. By estimating probabilities
using a logistic function, which is the cumulative logistic distribution, it
calculates the relationship between the categorical dependent variable and one
or more independent variables.
There are two aspects of Logistic Regression, Hypothesis and Sigmoid
Curve. The resulting probability of the occurrence can be derived on the basis
of this hypothesis. Data obtained from the hypothesis would then fit into the
log function that forms the 'sigmoid' S-shaped curve.
The sigmoid/logistic function is given by the equation below.
1 / (1 + e^-x)
We write the logistic regression equation as
follows—
y = e^(b0 + b1*x) / {1 + e^(b0 + b1*x)}
The two coefficients of the x input are b0 and b1.
Using the maximum probability function, we estimate these coefficients.
Decision Tree
The decision-tree algorithm is a much more
complicated algorithm. A unique advantage of using this algorithm is that it
can work not only with problems of classification but also with regression. It
is also important to remember that both supervised and non-parametric are
(meaning that there are no assumptions with probability distributions of the
data). They are easier to understand and easier to visually explain in terms of
how they work behind the scenes than other models (thinking of a tree and how
its branches split). Decision trees can handle both categorical and numerical
data, which is often what is needed for machine learning algorithms in
real-world applications.
Naive Bayes
Naive Bayes is a classification based on the Bayes Theorem of
conditional probability classifiers. A Naive Bayes classifier assumes that the
appearance in a class of a selective feature is unrelated to any other
feature's appearance.
The Bayes Theorem provides a standard technique for the posterior
probability estimation of P(c|x), P(c), P(x), and P(x|c). There is an
assumption in a Naive Bayes classifier that the effect on a given class(c) of
the values of the predictor is independent of other predictor values. The Bayes
Theorem has a lot of benefits. It can be implemented easily. In addition, Naive
Bayes needs a small amount of data from training and the results are normally
correct.
K-means
K-means is an unsupervised algorithm that solves problems in clustering.
It measures the centroids of k clusters and assigns the least distance between
its centroid and the data point to a data point for that cluster.
How K-means form a cluster:
- For
each cluster, the K-means algorithm picks k points, called
centroids.
- A
cluster with the closest centroids, i.e. k clusters, is formed by each
data point.
- Now,
based on the existing cluster members, it produces new centroids.
- With
these latest centroids, the closest distance is determined for each data
point. Until the centroids do not change, this process is repeated.
How Determine the value of K:
In K-means, there are clusters and each cluster has a centroid of its
own. For that cluster, the sum of the square difference between the centroid
and the data points within a cluster is the sum of the square value. Often, if
the sum of square values is added for all clusters, it becomes
total within the sum of the square value for the cluster solution.
SVM (Support Vector Machine)
For classification or regression problems, the Support Vector Machine
Algorithm is used. In this, by finding a particular line (hyperplane) that
separates the data set into multiple classes, the data is divided into
different classes. The Support Vector Machine Algorithm tries to find the
hyperplane that maximizes the class distance (known as margin maximization) as
this increases the probability of more accurately classifying the data.
An SVM algorithm can be created when it comes to trading, which
categorises the equity data as a favourable buy, sell or neutral class, and
then classifies the test data according to the rules.
KNN (K Nearest Neighbour)
The KNN algorithm divides the data points into different classes on a
basis of similar measure such as the distance function. Then, by searching through
the entire data set for the most related instances (the neighbours) of K and
summarizing the output variable for these K instances, a prediction is made for
a new data point. This could be the mean of the results for regression problems
and, for classification problems, this could be the mode (most frequent
class).
The K Nearest Neighbours Algorithm may require a lot of memory or space
to store all the data, but it only performs (or learns) a calculation when,
just in time, a prediction is required.
ANN (Artificial Neural Network)
Artificial Neural Networks share the same underlying concept of our
nervous system as neurons. It consists of neurons that serve as layer-stacked
units that transmit data from the input layer to the final output layer. There
is an input layer, a hidden layer and a final output layer on these neural
networks. There might be a single layered neural network (Perceptron) or a
neural network with several layers.
Human facial recognition is an example of Artificial Neural Networks.
Pictures with human faces can be recognised and categorised from
"non-facial" images. However, depending on the amount of images in
the database, this may take several hours, while the human mind can do this
immediately.
Conclusion
From the above discussion, it can be inferred that Machine learning algorithms
are models that learn from data and enhance experience regardless of the
involvement of human being.
Also Read: Top Best Machine Learning DataSets For Practicing
So these are the top ML Algorithms that you should know. Apart from this if you want to start your career in Machine Learning and want to do a course then join “Nearlearn”. Nearlearn is the Foremost Machine Learning Training Institute in Bangalore and also the best Artificial Intelligence Training Institute. They provide both online training and classroom training facilities. After completion, of course, they help you to get placement in various companies.
For more information contact us:
Visit: www.nearlearn.com
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