Machine learning model development focuses on building predictive models to solve specific business problems. This entails:
Gather and pre-process relevant data, ensuring its quality and suitability for model training.
Create features that are informative and relevant to the problem at hand.
Choose the appropriate machine learning algorithms and techniques for the task.
Train the model using the prepared data and iterate to optimize its performance.
Assess the model's accuracy and generalizability using validation techniques.
Deploy the model into the client's environment for real-time predictions or batch processing.
Continuously monitor model performance, retrain as needed, and address issues such as concept drift.
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