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AI Key Terms and Concepts Notes

Mere notes
  • Model: A mathematical representation of a problem, situation, phenomenon, or process
  • Training: The process of using an algorithm to create a model from a set of data
  • Training Set: A subset of our ground truth data that our model will learn from
  • Algorithm: A procedure, or set of steps
Machine learning (probabilistic approach) vs Rules-based system

If the universe of possible outcomes is well delineated then stick with rules.

Purpose of Ground Truth Data

Ground truth data helps many learning systems to learn and evaluate their own performance by providing a gold standard on what the truth actually is.

Source: Udacity AI for Business Leaders

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