What technology uses algorithms and statistical models to analyze data patterns? 🔊
The technology that uses algorithms and statistical models to analyze data patterns is known as machine learning. Machine learning enables systems to learn from historical data, identify trends or correlations, and make predictions without explicit programming. It encompasses various techniques, including supervised learning, unsupervised learning, and reinforcement learning. By leveraging these methods, businesses can gain insights from vast datasets, improve decision-making processes, and enhance overall operational efficiency across multiple applications, from marketing strategies to predictive maintenance.
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