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Learning – Introduction
Why Learn ?
• Make sense of the messy real world
• Figure out underlying patterns in data which are too difficult to
program by hand
Approve Credit ?
Components of Learning
• Input : X ( customer application )
• Output : Y (good / bad customer )
• Target function : f : X → Y (ideal credit approval formula)
• Data : (x1, y1),(x2,y2), · · · ,(xN ,yN) (historical records )
• Hypothesis: g : X → Y (formula to be used )
The essence of Learning
• A pattern exists
• We cannot pin it down mathematically
• We have data on it
Types of Learning
• Supervised learning
• Unsupervised learning
• Reinforcement learning