There are many practical business applications for machine learning classification. For example, if you want to predict whether or not a person will default on a loan, then you need to determine if that person belongs to one of two classes with similar characteristics: the defaulter class or the non-defaulter class. That way, you know how likely the person is to be a defaulter and can adjust your risk assessment accordingly.
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We are looking at augmenting our team with an ML Engineer. We are a retail house and need an ML Engineer to train for our upcoming e commerce venture.