Instance-based vs Model-based Learning
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It makes predictions based on how similar is a new instance to the ones next to it.
It requires a measure of similarity.
Examples:
(RBF Networks)
It "learns" some parameters by a specified performance measure, expressed as:
a fitness function: how good the model is, or
a cost function: how bad the model is.
Examples:
Linear Regression
Logistic Regression
Decision trees
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