This article was published as a part of the Data Science Blogathon.
Since 5Vâ€™s are dominating the current digital world (Volume, Variety, Variation Visibility, and Value), so most of the industries are developing various models for analyzing their presence and opportunities in the market, based on this outcome they are delivering the best products, services to their customers on vast scales.
Machine learning (ML) is widely applicable in many industries and its processes implementation and improvements. Currently, ML has been used in multiple fields and industries with no boundaries. The figure below represents the area where ML is playing a vital role.
Just have a look at the Venn Diagram, we could understand where the ML in the AI space and how it is related to other AI components.
As we know the Jargons flying around us, letâ€™s quickly look at what exactly each component talks about.
Machine Learning Process, is the first step in ML process to take the data from multiple sources and followed by a fine-tuned process of data, this data would be the feed for ML algorithms based on the problem statement, like predictive, classification and other models which are available in the space of ML world. Let us discuss each process one by one here.
Machine Learning â€“ Stages: We can split ML process stages into 5 as below mentioned in the flow diagram.
Identifying the Business Problems, before we go to the above stages. So, we must be clear about the objective of the purpose of ML implementation. To find the solution for the given/identified problem. we must collect the data and follow up the below stages appropriately.
Data collection from different sources could be internal and/or external to satisfy the business requirements/problems. Data could be in any format. CSV, XML.JSON, etc., here Big Data is playing a vital role to make sure the right data is in the expected format and structure.
Train data: It trains our machine learning algorithm Test data: After the training the model, test data is used to test its efficiency and performance of the model
The purpose of the random state in train test split: Random state ensures that the splits that you generate are reproducible. The random state that you provide is used as a seed to the random number generator. This ensures that the random numbers are generated in the same order.
MODEL EVALUATION: Each model has its own model evaluation mythology, some of the best evaluations are here.Â Â
Deployment of an ML-model simply means the integration of the finalized model into a production environment and getting results to make business decisions.
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