How ML differs from Statistics
Classical Statistics in University Under-graduate courses or even Graduate courses starts with descriptive statistics and then moves into distribution fitting and then all the way to complex multivariate analysis. Essentially covering hypothesis testing, correlation, regression , factor analysis and Principal Component analysis. Statistics assumes a lot of a-priori knowledge about the data and its properties and does not necessarily cover a lot of trial and error or even tinkering. Machine Learning in new age loo k s at wide array of techniques and algorithms which themselves learn from the data. Deep Machine Learning, Supervised Learning and Reinforcement Learning covers very interesting algorithm which learn themselves from the wide array of data. So data becomes input and model becomes output. This happens without any human intervention ( except in supervised learning). This is the real beauty of ML over conventional statistics. Although new age ML ( covering C...