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What is Ensemble Learning?

Ensemble learning is a powerful technique in supervised machine learning that combines multiple models to improve prediction accuracy and robustness. The fundamental premise is that by aggregating the results of various models, you can often achieve better performance than any single model could provide on its own. This approach leverages the strengths of different algorithms and offsets their individual weaknesses.

There are two primary types of ensemble learning methods: bagging and boosting. Bagging, short for Bootstrap Aggregating, involves training multiple instances of a model on different subsets of the data and then averaging their predictions. A popular example of bagging is the Random Forest algorithm, which creates a multitude of decision trees and aggregates their results to improve accuracy and decrease overfitting.

On the other hand, boosting is a sequential technique where models are trained iteratively. Each new model focuses on the errors made by the previous ones, effectively correcting mistakes and enhancing the predictive power. Common boosting algorithms include AdaBoost and Gradient Boosting Machines.

Ensemble learning is widely used across various applications, including finance, healthcare, and image recognition, due to its ability to enhance predictive performances and generalization capabilities. Implementing an ensemble model often results in significant gains in performance metrics such as precision, recall, and F1 score.

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