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K-Nearest Neighbors Advantages and Disadvantages
Advantages:
- Simple implementation: It is intuitive and easy to implement.
- No parametric assumptions: Being non-parametric, it requires no assumptions about the functional form of .
- No explicit training phase: It does not require building a model before prediction.
- Versatility: It is applicable to both classification and regression tasks.
Disadvantages:
- High computational cost: As the number of predictors increases, the algorithm becomes very slow and memory-intensive during prediction because it must calculate distances to all training instances.
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