Table 2.

ML solutions

ML solutionDescription of use
ClassificationSuitable for mapping data into two or more categories, each with its distinct attributes
PredictionSuitable for producing a forward-looking numerical prediction (forecasting) or non-numerical prediction (classification)
ClusteringSuitable for separating data into classes or groups that are similar in some meaningful way
Outlier detectionSuitable for finding the items or events that significantly deviate from the expected pattern or other data considered normal in the data set
Source: Compiled by author from Larsson and Segerås (2016) and Amani and Fadlalla (2017) 

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