Teaching Models by Adding Feature Hints
Machine learning models are excellent at discovering patterns in data to make predictions. However, their insights are limited to the input data itself. What if we could provide additional knowledge about the model features to improve learning? For example, suppose we have prior knowledge that certain features are more important than others in predicting the target variable. Researchers have developed a new method called the feature-weighted elastic net (“fwelnet”) that integrates this extra feature knowledge to train smarter models, resulting in more accurate predictions than regular techniques.
How to Learn about Housing Dynamics when You Don’t Have Housing Data
Data surrounds us in many aspects of our lives. We look at ratings on Amazon to determine whether to buy a product. We use Fitbits to track our step count. We browse Netflix recommendations generated using our streaming history. Everywhere, decisions are being made from numbers and data. However, while it seems like we can get data on anything, some datasets are much easier to collect than others.