5 More Things Business Leaders Need to Know About Machine Learning

In a previous blog post, we explored the importance of machine learning (ML) and delved into the five most important things that business leaders need to know about ML. First, recall that supervised learning is concerned with the prediction and classification of data. Now it's time to dive deeper. We saw that accuracy (the percentage of your data that your model predicts/classifies correctly) is not always the best metric to measure the success of your model, such as when your classes are imbalanced (for example, when 99% of emails are spam and 1% non-spam). Another space where metrics such as accuracy may not be enough is when you need your model to be interpretable.