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Regression Problem
A regression problem is a type of supervised machine learning task where the objective is to predict an unknown, continuous numerical label based on known input features. It is used to answer 'how much?' or 'how many?' questions. The defining characteristic is that the target labels take on arbitrary numerical values, and the goal of the learning algorithm is to produce a model whose predictions closely approximate these actual observed values.
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Classification problem in statistical learning
Regression Problem
Types of applications using supervised learning
Training a model using categorically labelled data to predict labels for new data is known as _____.
Training a model using labelled data where the labels are continuous quantities to predict labels for new data is known as ____.