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Discuss The Use Of Machine Learning Algorithms In Data Analytics

Discuss The Use Of Machine Learning Algorithms In Data Analytics

Shivani Singh126 03-Sep-2024

Today Machine learning (ML) is considered one of the most powerful tools in the field of data analytics regarding the ways of business data interpretation and usage. Machine learning when applied in a given field improves the capability in pattern recognition, prediction, and the ability to automate various tasks in those areas. 

Discuss The Use Of Machine Learning Algorithms In Data Analytics

System Machine Learning in Data Analytics 

Business Intelligence on the other hand is the processing of raw data to get meaningful information This operating definition focuses on the abstract aspects of data analytics or business intelligence. This task is done in a very powerful way by machine learning by analyzing large data sets and providing a pattern and prediction that would be difficult for the human analyst to perform. 

Decision tree is perhaps the most hearing type of machine learning algorithms used in data analysis. This one divides data according to some features which makes it more suitable for classification problems. To illustrate, in business intelligence decision trees can be used to sort customers according to the tendency to purchase something, and thereby use a more relevant strategy. 

Another very important method of data analysis is Multiple linear regression where one aims at predicting a relationship between a dependent variable and more than one independent variable. This algorithm is commonly employed in forecasting monetary trends where values such as rates of interest, indexes, and historical data are used to ascertain future rates​.

Discuss The Use Of Machine Learning Algorithms In Data Analytics

Applying Use Cases in various Industries 

Machine learning algorithms are utilized across various sectors: Known machine learning algorithms are being used in different fields: 

  • Healthcare: Artificial intelligence which has a subfield in machine learning is capable of determining a patient’s condition, suggest treatment, or diagnose diseases at their early stage. For example, then such types of algorithms as neural networks are used in the classification of medical images, in search of pathologies in X-ray and MRI images. 
  • Finance: In the financial domain artificial intelligence and in particular machine learning are employed in fraud detection, algorithmic trading and risk assessment. Since these algorithms are in a position of being able to learn from previous transactions, they can easily identify any looking -suspicious pattern that could be a potential indicator of fraud. 
  • Retail: Customers’ data are used by retailers with the help of machine learning for suggesting products and managing stock. For instance, association rule mining which belongs to the vast class of machine learning techniques is vital in market basket analysis, a technique used to determine which products are usually purchased together to inform the stock and other marketing promotions. Discuss The Use Of Machine Learning Algorithms In Data Analytics

Image Classification: One of the essential and main uses of Machine Learning 

Image classification as a branch of machine learning is essential in Health healthcare industry, security, and e-commerce. Such algorithms that are currently popular include Convolutional Neural Networks (CNNs). CNNs are effective at detecting features present in images by passing the pixel information through several layers thus including tasks such as face detection and recognition, object detection, and image analysis for health diagnosis. 

The application of CNNs in healthcare includes the diagnostic of conditions from medical images. First, they can be used to sort images that scan skin lesions as either benign or malignant to assist the dermatologists in early detection of skin cancer. In the same manner, in security image classification provides surveillance where systems can easily identify activities that are suspicious and alert the authorities in real time. 

Discuss The Use Of Machine Learning Algorithms In Data Analytics

The Future of Machine Learning in Data Analytics and Image Classification

In general, the applicability of the developed model of machine learning in data analytics as well as in image classification will reach successful results in the future. Thus, as the amount and density of data increase, there will be a need for emerging algorithms that will be more complex. Artificial intelligence and machine learning models will become even better at their predictions and increasingly become core components of business organization.

For those who want to learn more about how machine learning is applied in data analytics and other related technological disciplines, it is necessary to comprehend Business Intelligence (BI) and its place in contemporary contexts of data-centric work. BI tools and solutions frequently use artificial neural networks that help organizations make better decisions by providing immediate analyses of current business information as well as a set of visualization tools. 

As for all these technologies, businesses can sustain themselves in a continually competitive environment and use data as more than a mere result of operations, but as a tool for further development. 

This means that the information provided in this article is just the beginning of understanding the broader area of machine learning. 


Updated 03-Sep-2024
Being a professional college student, I am Shivani Singh, student of JUET to improve my competencies . A strong interest of me is content writing , for which I participate in classes as well as other activities outside the classroom. I have been able to engage in several tasks, essays, assignments and cases that have helped me in honing my analytical and reasoning skills. From clubs, organizations or teams, I have improved my ability to work in teams, exhibit leadership.

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