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Unleashing the Power of Pre-existing Knowledge in Machine Learning : K-Based Classifiers

Knowledge-Based Classification Algorithms Knowledge-Based Classification Algorithms Knowledge-based classification algorithms refer to a category of machine learning algorithms that employ pre-existing knowledge or rules to classify novel instances or data points. The algorithms in question are dependent on a knowledge base, which is a compilation of established patterns, rules, or associations among attributes, for the purpose of predicting outcomes or assigning class designations to unobserved data. In contrast to conventional classification algorithms that acquire patterns or rules directly from the training data, knowledge-based classification algorithms utilise pre-existing knowledge or domain expertise to steer the classification procedure. Pre-existing knowledge can be sourced from human experts or obtained from pre-existing resources such as databases, ontologies, or expe...

Demystifying Ground Truth, Gold Standard, and Benchmark Terms in Image and Machine Learning

 Building a ground truth image is an important task in many image classification projects, especially in medical imaging or in projects that require expertise in labeling objects. However, for many other tasks, such as classifying vegetation in an image, building a labeled image can be easy and simple with the help of unsupervised learning models.                                                                       Ground truth refers to a set of measurements or conditions that serve as a benchmark or target for a classification system or machine learning algorithm. Here are some examples of what ground truth can mean in different contexts: In object recognition, ground truth can refer to a set of labeled images that have been manually annotated by human experts. These label...

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Navigating the Rising Tide: Understanding Inflation and the Cost of Living in India's Urban Hubs

 In the bustling markets of India, the price of a simple loaf of white bread, once a mere 15-20 Rs, has doubled to 30-50 Rs in just a few years. This seemingly trivial change is a stark reminder of the escalating cost of living in India's urban centers.  If you find yourself grappling with rising expenses, here are some crucial insights to help you understand and navigate this economic landscape. 1. The Urban Price Surge: Major cities in India are becoming increasingly expensive. With limited land and an influx of capital into the country, land prices are soaring. For instance, construction costs in Goa have risen by approximately 25-30% recently. This increase directly impacts the prices of virtually everything. In the realm of traditional economics, the means of production are defined as Land, Labour, and Capital. When the cost of land escalates, it triggers a domino effect, causing a rise in rent, business costs, and more. While the prices of flats in big cities may not sky...

Why my parent stay away from stock markets

The previous generation, our parents, often shied away from investing in the stock markets. Their apprehension was not unfounded, given the financial scandals and economic crises that have rocked the investment world over the years. Here's a closer look at some of these events and their implications: 1. The 1992 Harshad Mehta Scandal: In 1992, (I was in class 12)  the Indian stock market was hit by a colossal scam orchestrated by Harshad Mehta, amounting to 4000 Crore. This scandal caused the stock market to plummet by more than 50%, shaking investor confidence to its core. Example: Imagine an investor who had put their life savings into the stock market before the crash. The value of their investment would have halved almost overnight, causing significant financial distress. In response to this scandal, the Indian government passed the Securities Laws (Amendments) Act in 1995, granting the Securities and Exchange Board of India (SEBI) the authority to regulate depositories, Foreig...

Binders that are useful for making cow dung bricks

           Discover the secret to making sustainable cow dung bricks with these good binders.                                                                                 Using binders to create bricks out of cow manure is an impossibility for obvious reasons. Cow dung or gobar, in and of itself, already possesses a binding quality. That, however, is not sufficient for the production of bricks that may be utilised in construction work that bears a load. However, in order to guarantee that these bricks will remain sturdy and long-lasting over the course of time, it is possible that a binder or various naturally occurring binding materials will be required. As a result, in this post, we will discuss the significance of b...