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Define Classification. Discuss the issues in Classification.

A simple example from the stock market involving only discrete ranges has profit as categorical attribute, with values {Up, Down) and the training data is:

Age Competition Type Profit
Old Yes Software Down
Old No Software Down
Old No Hardware Down
Mid Yes Software Down
Mid Yes Hardware Down
Mid No Hardware Up
Mid No Software Up
New Yes Software Up
New No Hardware Up
New No Software Up

Apply decision tree algorithm and show the generated rules.

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Classification :

Classification predicts categorical class labels and classifies data (constructs a model) based on the training set and the values (class labels) in a classifying attribute and use it in classifying new data. It is supervised learning i.e., the training data (observations, measurements, etc are accomplished by labels indicating …

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