Exploration And Exploitation
Exploration and exploitation is a concept in data science that refers to the trade-off between trying out new things (exploration) and using what is already known to be effective (exploitation). In the context of machine learning, exploration involves trying out new models or algorithms to see if they can improve performance, while exploitation involves using the best-performing model or algorithm to make predictions. The goal is to find a balance between exploration and exploitation that maximizes overall performance. This concept is particularly important in reinforcement learning, where an agent must decide whether to explore new actions or exploit actions that have already been tried. In business, exploration and exploitation can refer to the balance between developing new products or services and optimizing existing ones.
Your Previous Searches
Random Picks
- Confidence Intervals: In statistics, a confidence interval is a range of values that is likely to contain an unknown population parameter with a certain level of confidence. The level of confidence is typically expressed as a percentage and represents the probab ... Read More >>
- Data Visualization Tools: Data Visualization Tools are software applications that enable users to create graphical representations of data and information. These tools allow users to transform complex data sets into easy-to-understand visualizations, such as charts, ... Read More >>
- Antivirus Software: Antivirus software is a program designed to prevent, detect, and remove malicious software (malware) from computer systems. It uses various techniques such as signature-based detection, behavioral analysis, and heuristics to identify and el ... Read More >>
Top News
New college grad? Here's what experts say you should know about AI....
We asked three experts what fresh college graduates can do to prepare as artificial intelligence changes how Americans work. Here's what they said....
News Source: CBS News on 2025-06-06
Senate Republicans revise ban on state AI regulations in bid to preserve controv...
Senate Republicans have made changes to their party’s sweeping tax bill in hopes of preserving a new policy that would prevent states from regulating artificial intelligence...
News Source: ABC News on 2025-06-06
Use of Community Notes on Elon Musk's X has plummeted in 2025...
Half as many crowdsourced Community Notes were created in May than were created in January....
News Source: NBC News on 2025-06-06
Film Festival showcases what artificial intelligence can do on the big screen...
Artificial Intelligence’s use in filmmaking is growing...
News Source: ABC News on 2025-06-06
Can AI be held accountable? AI ethicist on tech giants and the AI boom...
What is the future of AI and efforts to regulate its harms? Marc Lamont Hill speaks to AI ethicist Rumman Chowdhury....
News Source: Al Jazeera English on 2025-06-06