Applying Classification to Determine Insurability

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You may now be wondering how to apply the principles of classification algorithms practically. In this case, the problem being solved is whether or not to buy insurance. After you watch the video, you will be able to explain how to use classification in other similar applications and how to assess the effectiveness of the performance of the classification algorithms in such contexts.

Source: Vinod Vydiswaran, https://www.youtube.com/watch?v=0a1Ot1OLamU
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