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What are the Commonly Used Machine Learning Algorithms?

Knowledge Hut

ML is now being used in IT, retail, insurance, government and the military. There is no end to what can be achieved with the right ML algorithm. Machine Learning is comprised of different types of algorithms, each of which performs a unique task. In simple terms, this can be said to be an Input-Output pair of data.

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Machine Learning in Insurance: Applications, Use Cases, and Projects

ProjectPro

Ever wondered how insurance companies successfully implement machine learning to expand their businesses? Despite its long history of resistance to innovation, the insurance sector is currently experiencing a digital revolution. For both applicants and insurers, this quick move has significant implications.

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In AI we Trust? Why we Need to Talk about Ethics and Governance (part 1 of 2)

Cloudera

Advances in the performance and capability of Artificial Intelligence (AI) algorithms has led to a significant increase in adoption in recent years. With the introduction of ML and Deep Learning (DL), it is now possible to build AI systems that have no ethical considerations at all. Insurance Fraud.

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Length of Stay in Hospital: How to Predict the Duration of Inpatient Treatment

AltexSoft

Healthcare facilities and insurance companies would give a lot to know the answer for each new admission. This article describes how data and machine learning help control the length of stay — for the benefit of patients and medical organizations. The built-in algorithm learns from every case, enhancing its results over time.

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Data Science in Healthcare: Applications, Roles and Benefits

Knowledge Hut

From doctors to health insurance providers to institutions, all of them rely on the collection of factual data and its accurate analysis to make well-informed decisions about patients' health situations. Furthermore, these platforms also assist consumers with health insurance policies and better lifestyle guides.

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The Ultimate Guide to Statistics for Machine Learning Beginners

ProjectPro

1) Market Basket Analysis 2) Classifying Loan Applications How to become good At Probability for Machine Learning? Finally, it introduces one of the most popular and simplest machine learning algorithms: Linear Regression. The content in this book is well structured and will suit most readers who are new to machine learning.

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Future of Data Scientists: Career Outlook

Knowledge Hut

Data scientists use machine learning and algorithms to bring forth probable future occurrences. Data Science combines business and mathematics by employing a complex algorithm to the knowledge of the business. Fraud Detection- If algorithms and AI tools are in place, fraudulent transactions are rectified instantly.