Random Forest

Concept and definition

Random Forest

What is Random Forest?

Random Forest is an ensemble-type machine learning algorithm that combines multiple decision trees into a more robust and accurate prediction model. Random Forest uses a technique called "bagging" (bootstrap aggregating) to create multiple training samples from the original training data set, and each of these samples is used to train a decision tree. The individual decision trees are then combined into an overall model by using a weighted averaging technique.

Each decision tree in the Random Forest is trained on a random sample of features and training instances, allowing it to learn different patterns in different subsets of the dataset. When a prediction is made on a new instance, each Random Forest decision tree generates a prediction and the final prediction of the model is the weighted average of all the predictions of the individual trees.

Random Forest is known to be a robust and accurate machine learning technique, especially on data sets with high dimensionality and categorical features. The model is also able to handle missing values and noise in the data, and can provide information about the importance of features in the prediction task. Due to these advantages, Random Forest is used in a wide variety of applications, such as image classification, stock price prediction and fraud detection.

« Back to glossary

Do you want to get in touch?

CDRs contain data that a telecommunications company collects about phone calls, such as time and length of call. This data can be used in analytical applications.
Fill the form
Share:
Non-performing loans to individuals to increase by at least 10% in 2022

GAMCO's forecasts point to an increase of at least 10% in the percentage of "non-performing loans" to individuals over the next five years.

Read More »
The role of machine learning in fraud detection

Machine learning is a branch of artificial intelligence (AI) that is based on making a system capable of learning from the information it receives.

Read More »
How to increase a company's sales

All businesses usually plan for annual growth, although not all of them achieve it. Increasing the sales of a company in 2022 is [...]

Read More »
Measuring Corporate Reputation Impact: The Case of Enigmia and its AI Solution

Hoy, 3 de octubre, hemos estado en los prestigiosos "Premios SCALEUPS B2B organizada por la Fundación Empresa y Sociedad, para hablaros de la Medici [...]

Read More »
See more entries
© Gamco 2021, All Rights Reserved - Legal notice - Privacy - Cookies