Differentiate between Statistical Modeling and Machine Learning?

4 years ago
Machine Learning

Machine learning models are about making accurate predictions about the situations, like Foot Fall in restaurants, Stock-Price, etc. where-as, Statistical models are designed for inference about the relationships between variables, as What drives the sales in a restaurant, is it food or Ambience.

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Sanisha Maharjan
Sanisha Maharjan
Jan 12, 2022
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