What tomorrow's business leaders need to know about Machine Learning?

With supervised learning, you have an input variable that consists of labeled training data and a desired output variable. The algorithms learn a predictive model that maps your input data to a predicted objective field value. Figure 2 provides a more detailed inventory of the different types of supervised and unsupervised machine learning algorithms. For this exercise, we're going to use a data set that comes bundled with the BigML product: Titanic Survivors Data Set (see Figure 3).