Classification trees are also very popular because they are very transparent and easy to understand and it is straightforward to explain how they produce the predictions. They belong to the category of non-parametric methods, and they can be used for regression and classification tasks. The way they produce the predictions is by creating a series of rules that are applied consecutively until we arrive at a "leaf" node in the tree that contains the classification. An example will make this more clear.
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You're reading from Hands-On Predictive Analytics with Python
Alvaro Fuentes is a senior data scientist with a background in applied mathematics and economics. He has more than 14 years of experience in various analytical roles and is an analytics consultant at one of the ‘Big Three' global management consulting firms, leading advanced analytics projects in different industries like banking, technology, and consumer goods. Alvaro is also an author and trainer in analytics and data science and has published courses and books, such as 'Become a Python Data Analyst' and 'Hands-On Predictive Analytics with Python'. He has also taught data science and related topics to thousands of students both on-site and online through different platforms such as Springboard, Simplilearn, Udemy, and BSG Institute, among others.
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Alvaro Fuentes is a senior data scientist with a background in applied mathematics and economics. He has more than 14 years of experience in various analytical roles and is an analytics consultant at one of the ‘Big Three' global management consulting firms, leading advanced analytics projects in different industries like banking, technology, and consumer goods. Alvaro is also an author and trainer in analytics and data science and has published courses and books, such as 'Become a Python Data Analyst' and 'Hands-On Predictive Analytics with Python'. He has also taught data science and related topics to thousands of students both on-site and online through different platforms such as Springboard, Simplilearn, Udemy, and BSG Institute, among others.
Read more about Alvaro Fuentes