Understanding Classification with Smart Predict
Key Takeaways
⇨ Classification in SAC Smart Predict is primarily focused on binary classification, where the output is limited to two distinct categories based on influencer variables.
⇨ The algorithm utilizes decision trees combined with a logistic sigmoid function to estimate the probability of a given input belonging to a specific category, allowing easy identification of high-probability classifications.
⇨ Understanding classification requires a similar theoretical framework as regression, emphasizing the role of training data, probability functions, and decision boundaries for making effective predictions.
This blog post details the machine learning algorithms behind classification in SAC Smart Predict, emphasizing the theoretical framework for understanding binary classification outputs and the similarities to regression.