DataHour: Salary Analysis and Prediction Using ML
DataHour: Salary Analysis and Prediction Using ML
20 Feb 202315:02pm - 20 Feb 202316:02pm
DataHour: Salary Analysis and Prediction Using ML
About the Event
Machine Learning is a field of study that gives computer systems the ability to automatically improve their performance on a specific task, without being explicitly programmed. This is achieved by training the system on a dataset and allowing it to learn patterns and relationships in the data, and then use this knowledge to make predictions or take actions based on new inputs. There are various types of machine learning, including supervised learning, unsupervised learning, semi-supervised learning, and reinforcement learning.
Salary prediction using machine learning involves training a model on historical salary data to predict future salaries for individuals. This can be done using various supervised learning algorithms such as linear regression, decision trees, or random forest. The model is trained on a dataset that includes features such as job title, years of experience, education level, location, and other relevant information, as well as the target variable of salary. Once the model is trained, it can be used to make predictions on new data, such as the salary of a job candidate given their experience and education level. The accuracy of the model will depend on the quality of the training data and the algorithm used, so it is important to carefully validate the model and make any necessary adjustments.
In this DataHour, Munmun will demonstrate how you can predict and analyze salary using a machine learning model. Salary prediction with machine learning can be a powerful tool for employers and job seekers alike, providing insights into the job market and helping to ensure that individuals are fairly compensated for their skills and experience.
Prerequisites: Basic understanding of ML and enthusiasm of learning Data Science and ML.
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- Best articles get published on Analytics Vidhya’s Blog Space
- Best articles get published on Analytics Vidhya’s Blog Space
- Best articles get published on Analytics Vidhya’s Blog Space
Who is this DataHour for?
- Best articles get published on Analytics Vidhya’s Blog Space
- Best articles get published on Analytics Vidhya’s Blog Space
- Best articles get published on Analytics Vidhya’s Blog Space
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