Homework 1 - Machine Learning

Here is an outline for a machine learning homework assignment to identify a use case and determine which techniques to apply:

Machine Learning Use Case Analysis Assignment:

Part 1) Identify a promising new machine learning use case opportunity for your company or an industry you are familiar with. Describe the business problem and how machine learning could add value.

Part 2) Determine which machine learning approach makes the most sense for this use case and elaborate on why you chose it. Cover details including:

· Supervised, unsupervised, reinforcement or other technique

· Classification, regression, clustering, or other subtype and why

· Type of algorithm - neural networks, random forest, Bayes, rules-based, etc. (Extra points)

· Any special requirements around speed, interpretability, accuracy to guide selections

Part 3) Highlight any risks or limitations to evaluate further associated with the techniques or use case focus areas. Provide mitigation approaches.

In summary, pretend you are an applied machine learning specialist pitching a new opportunity requiring tailoring standard techniques and algorithms to a business challenge. Justify your selections and considerations through the systematic framework.

Please submit your 2-3 page analyses document by 10/01/2024. Let me know if any questions!

Please do not use GenAI for this work.