If you had to be an animal, what animal would you NOT be?
ML Background
Ideas for using ML?
What is ML?
Advanced pattern recognition in datasets
Applying learned historical patterns to new data to get predictions
Bank lender analogy
ML use cases
Recommendations (see Mitchell & Padigender's latest article, and Raghav's creative use of Store2Vec)
Search
Image recognition
Autonomous vehicles
Playing video games
Customer segmentation
Outlier detection for signal processing (windfarms + factories + jet engines)
Speech processing
Unsupervised Learning
Deep Learning
NLP (Natural Language Processing)
Our use case: Analytics + Predictions
Analytics: understanding the complex relationships in our datasets to make better business decisions
Predictions: Imagine you had a chance to see into the future and know something about an order
Focused on standard classification & regression problems
Regression Problems
Predicting a numerical value
Predicting how much a house sold for
Values that can be measured in dollars or seconds or action counts or any other normal number from negative one billion to the number of stars in the universe
Classification Problems
Predicting a category (even a simple yes/no), or a probability
Predicting whether or not a house did sell
Anytime the outcome can be described as one of X things, you're categorizing the outcomes