Have you ever thought you could come up with an equation for the value of, say, a house? Like this:
Value = $50,000 + $10 X Square Feet + $4,000 X Number of Bedrooms
In this example, “Square Feet” and “Number of Bedrooms” are the inputs; $50,000, $10, and $4,000 are the weights. It’s the weights that need to be “learned”. Maybe $51,257, $11.25 and $3,986 will work better? I don’t know. Maybe there’s a procedure I can use to calculate the best weights automatically?
Machine learning is using computers to go nuts with this basic idea.
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