How can machine learning be used for outlier detection?
Machine learning can identify outliers by analyzing patterns in data and flagging points that deviate significantly.
What are some common algorithms used for this purpose?
Common algorithms include Isolation Forest, One-Class SVM, and DBSCAN, each with unique approaches to detecting anomalies.
Can you explain how Isolation Forest works?
Isolation Forest works by randomly partitioning the data and isolating observations. Outliers are easier to isolate than normal points.
What kind of data is best suited for outlier detection?
Data with clear patterns and a defined structure, such as time series or transactional data, is often best for outlier detection.
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