MLS-C01 - AWS Certified Machine Learning - Specialty

 The best model for predicting housing prices based on a historical dataset with 32 features is linear regression. Linear regression is a supervised learning algorithm that fits a linear relationship between a dependent variable (housing price) and one or more independent variables (features). Linear regression can handle multiple features and output a continuous value for the housing price. Linear regression can also return the coefficients of the features, which indicate how each feature affects the housing price. Linear regression is suitable for this problem because the outcome of interest is numerical and continuous, and the model needs to capture the linear relationship between the features and the outcome.

References:

• AWS Machine Learning Specialty Exam Guide
• AWS Machine Learning Training - Regression vs Classification in Machine Learning
• AWS Machine Learning Training - Linear Regression with Amazon SageMaker

 The F1 score is a measure of the harmonic mean of precision and recall, which are both important for fraud detection. Precision is the ratio of true positives to all predicted positives, and recall is the ratio of true positives to all actual positives. A high F1 score indicates that the classifier can correctly identify fraudulent transactions and avoid false negatives. The true positive rate is another name for recall, and it measures the proportion of fraudulent transactions that are correctly detected by the classifier. A high true positive rate means that the classifier can capture as many fraudulent transactions as possible.

References:

• Fraud Detection Using Machine Learning | Implementations | AWS Solutions
• Detect fraudulent transactions using machine learning with Amazon SageMaker | AWS Machine Learning Blog
• 1. Introduction — Reproducible Machine Learning for Credit Card Fraud Detection

Word embeddings are a type of dense representation of words, which encode semantic meaning in a vector form. These embeddings are typically pre-trained on a large corpus of text data, such as a large set of books, news articles, or web pages, and capture the context in which words are used. Word embeddings can be used as features for a nearest neighbor model, which can be used to find words used in similar contexts. Downloading pre-trained word embeddings is a good way to get started quickly and leverage the strengths of these representations, which have been optimized on a large amount of data. This is likely to result in more accurate and reliable features than other options like one-hot encoding, edit distance, or using Amazon Mechanical Turk to produce synonyms.