Is There Any Real Difference Between Classification And Clustering In Machine Learning?

Don’t Classification and Clustering have more similarities than differences? Aren’t both about characterizing objects into groups by one or more features? Classification is about classifying data into predefined categories (defining whether a patient record is associated with a specific disease), while Clustering is about grouping data looking similar to a set of groups (grouping patients’ records…

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Data Science In Banking

Imagine you take out several loans from different sources. A good data scientist will be able to flag you as a good target for a credit consolidation offer. Reversely, this might also work against you, highlighting your high credit risk.   Nowadays, using Data Science in Banking is a necessity, not a luxury. Either a…

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SVM Simplified In Two Photos

It is about taking the apples looking the most like an apple, the oranges looking the most like an orange, and telling how apples and oranges should be looking like. Those are the farther red and green points from the line separating the two categories.   The Support Vectors, the points supporting the whole algorithm, have…

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Ethics in AI matter

Developing algorithms for machines to solve specific problems is the easiest part of AI, compared to teaching them manners. At the end of the day, it is all about machines doing their jobs in a way to never be biased, racist, mean, harmful, etc. The case here is more about the human developing the machine and…

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