Computational statistics, which focuses on making predictions with computers, is closely related to a subset of Machine Learning, but not all Machine Learning is statistical learning. The field of Machine Learning benefits from the tools, theory, and application domains that come from the study of mathematical optimization. Data mining is a related area of study that focuses on unsupervised learning for exploratory data analysis. Some Machine Learning applications employ data and neural networks in a way that closely resembles how a biological brain functions. Machine Learning is also known as predictive analytics when it comes to solving business problems.
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