Ensemble methods are a type of machine learning paradigm that involves aggregating the predictions of several models to generate a final prediction. The underlying concept here is the combination of several weak learning models in order to create a stronger and more accurate model. The main goal of ensemble methods is to improve the prediction accuracy, stability, and robustness of the machine learning algorithm.
Various techniques underlie ensemble methods. “Bagging” aims to generate multiple subsets of the original data through resampling, trains a model on each subset, and then combines their predictions. “Boosting” sequentially trains a series of models where each new model rectifies the errors made by the previous ones. “Stacking” trains a meta-model to make a final prediction based on the predictions of several base models. Random Forest, an ensemble of Decision Trees, and Gradient Boosting are famous examples of ensemble methods.
Ensemble methods are based on a ‘strength in numbers’ approach, where aggregating diverse models helps to balance out individual weaknesses and accentuate strengths, thereby enhancing the overall performance. These methods are widely used in various fields, from object detection, natural language processing, to genomics, due to their efficiency and effectiveness, and have consistently delivered top performances in many machine learning tasks and competitions.« Back to Glossary Index