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Machine Learning Math for Business Improvement



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Machine learning math is built on many foundational tools like linear algebra, analytic geometries, matrix decompositions and vector calculus. You can use these math tools to train neural networks to learn new tasks and make them more accurate. This math is not only for computer scientists. Machine learning is for everyone. Learn more about machine learning in this article. You will learn how machine learning can be applied to improve business processes.

Calculus for optimization

This course is designed to give students the knowledge and background they need to start a career in data sciences. The course begins by introducing functional mappings and assumes students have studied limits and differentiability. Next, the course expands upon this foundation by exploring concepts of differentiation as well as limits. The final programming project is based on calculus principles and examines machine learning using an optimisation program. Additional resources include bonus reading materials, interactive plots in a GeoGebra environment, as well as other resources.


meaning of ai

Probability

Although not all people have the technical expertise to use probabilities, they are an essential part Machine Learning. The probability is used in the Naive Bayes Algorithm, for example. It assumes that input elements are independent in its implementation. In almost all business applications, probability is an important topic, as it enables scientists to determine future outcomes and take further steps based on data. Many Data Scientists are unable to explain the meanings of the p value (also known by the alpha value and alpha).


Linear algebra

Linear Algebra should be a basic knowledge if you are interested in Machine Learning. You can learn many mathematical properties and objects from this math such as scalars. You can make better decisions when building algorithms if you know the basics. Marc Peter Deisenroth has a book called Mathematics for Machine Learning that explains Linear Algebra.

Hypothesis testing

Hypothesis testing can be a powerful mathematical tool to help you determine the uncertainty of an observation. Machine-learners and statisticians use metrics to assess accuracy. When building predictive models, they assume that certain models will produce the desired outcome. Hypothesis testing is used to determine if the "metric" observed matches the hypotheses in the training set. A model that predicts the height and length of flower petals would reject the null hypothesis if strong evidence supports this conclusion.


meaning of ai

Gradient descent

Gradient descent is a fundamental concept in machine learning mathematics. This algorithm relies on a recursive process for predicting features and takes into consideration the x values in the input data. It also requires an initial training period, or epoch, and a learning rate. This parameter is important because a high learning rate will cause the algorithm to not converge to its minimum. Gradient descent can have a high or low learning rate, which will affect the convergence speed and cost.


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FAQ

Which industries use AI more?

The automotive sector is among the first to adopt AI. For example, BMW AG uses AI to diagnose car problems, Ford Motor Company uses AI to develop self-driving cars, and General Motors uses AI to power its autonomous vehicle fleet.

Other AI industries include banking, insurance, healthcare, retail, manufacturing, telecommunications, transportation, and utilities.


Are there any potential risks with AI?

Of course. There will always exist. Some experts believe that AI poses significant threats to society as a whole. Others believe that AI is beneficial and necessary for improving the quality of life.

AI's misuse potential is the greatest concern. Artificial intelligence can become too powerful and lead to dangerous results. This includes robot overlords and autonomous weapons.

Another risk is that AI could replace jobs. Many people worry that robots may replace workers. Others think artificial intelligence could let workers concentrate on other aspects.

For instance, some economists predict that automation could increase productivity and reduce unemployment.


What is the role of AI?

To understand how AI works, you need to know some basic computing principles.

Computers save information in memory. They process information based on programs written in code. The code tells a computer what to do next.

An algorithm is a sequence of instructions that instructs the computer to do a particular task. These algorithms are typically written in code.

An algorithm is a recipe. An algorithm can contain steps and ingredients. Each step represents a different instruction. One instruction may say "Add water to the pot", while another might say "Heat the pot until it boils."


Is Alexa an AI?

The answer is yes. But not quite yet.

Alexa is a cloud-based voice service developed by Amazon. It allows users interact with devices by speaking.

The Echo smart speaker, which first featured Alexa technology, was released. However, similar technologies have been used by other companies to create their own version of Alexa.

Some of these include Google Home, Apple's Siri, and Microsoft's Cortana.


How does AI impact work?

It will change our work habits. We can automate repetitive tasks, which will free up employees to spend their time on more valuable activities.

It will enhance customer service and allow businesses to offer better products or services.

It will allow us to predict future trends and opportunities.

It will enable organizations to have a competitive advantage over other companies.

Companies that fail AI adoption are likely to fall behind.



Statistics

  • Additionally, keeping in mind the current crisis, the AI is designed in a manner where it reduces the carbon footprint by 20-40%. (analyticsinsight.net)
  • In 2019, AI adoption among large companies increased by 47% compared to 2018, according to the latest Artificial IntelligenceIndex report. (marsner.com)
  • By using BrainBox AI, commercial buildings can reduce total energy costs by 25% and improves occupant comfort by 60%. (analyticsinsight.net)
  • While all of it is still what seems like a far way off, the future of this technology presents a Catch-22, able to solve the world's problems and likely to power all the A.I. systems on earth, but also incredibly dangerous in the wrong hands. (forbes.com)
  • A 2021 Pew Research survey revealed that 37 percent of respondents who are more concerned than excited about AI had concerns including job loss, privacy, and AI's potential to “surpass human skills.” (builtin.com)



External Links

gartner.com


hbr.org


hadoop.apache.org


en.wikipedia.org




How To

How to build an AI program

It is necessary to learn how to code to create simple AI programs. Although there are many programming languages available, we prefer Python. There are many online resources, including YouTube videos and courses, that can be used to help you understand Python.

Here's a brief tutorial on how you can set up a simple project called "Hello World".

You will first need to create a new file. This can be done using Ctrl+N (Windows) or Command+N (Macs).

In the box, enter hello world. Enter to save your file.

To run the program, press F5

The program should say "Hello World!"

This is only the beginning. These tutorials will help you create a more complex program.




 



Machine Learning Math for Business Improvement