
Multi-Armed Bandit Problems
Multi-Armed Bandit Problems refer to a class of decision-making problems in which an agent must choose between multiple actions, each with an unknown reward distribution. The agent's goal is to maximize its cumulative reward over a sequence of actions. The term 'bandit' refers to the idea that the agent is faced with a set of slot machines (or 'one-armed bandits') and must decide which one to play in order to maximize its winnings. Multi-Armed Bandit Problems are commonly used in fields such as online advertising, clinical trials, and recommender systems, where the agent must balance exploration (trying out new actions to learn their reward distributions) with exploitation (choosing actions that are known to have high rewards based on past experience). There are various algorithms that have been developed to solve Multi-Armed Bandit Problems, including epsilon-greedy, UCB (Upper Confidence Bound), and Thompson Sampling.
Your Previous Searches
Random Picks
- Multimedia Materials: Multimedia materials refer to any content that combines different forms of media such as text, audio, video, graphics, and animations. In the context of data science, multimedia materials are often used to represent complex data sets in a m ... Read More >>
- Brain-computer Interfaces: Brain-computer interfaces (BCIs) are systems that enable direct communication between the brain and an external device, such as a computer or a prosthetic limb, without the need for any muscular movement. BCIs use various techniques to reco ... Read More >>
- Bayesian Probability Theory: Bayesian Probability Theory is a statistical approach that uses Bayes' theorem to update the probability of a hypothesis as more evidence or information becomes available. It involves the use of prior knowledge or beliefs about the hypothes ... Read More >>
Top News
Employees were already freaked out about AI — Amazon just proved them right...
Amazon CEO Andy Jassy acknowledged in a Tuesday statement what many workers have been scared of: Artificial intelligence will soon mean job cuts....
News Source: Business Insider on 2025-06-18

Trump’s purges come for the U.S.’ nuclear safety board...
Donald Trump’s efforts to strip federal agencies and commissions of their independence took an alarming step Monday, when the president fired one of the five commissioners who sit on the Nuclear Reg...
News Source: MSNBC on 2025-06-17

Amazon says it will reduce its workforce as AI replaces human employees | CNN Bu...
Amazon says it will reduce its workforce as AI replaces human employees | CNN Businesscnn.com...
News Source: CNN on 2025-06-17

Amazon’s Jassy says AI will reduce company’s corporate ranks...
Andy Jassy expects the company’s workforce to decline in the next few years....
News Source: Fortune on 2025-06-17
Bank of America is bullish on these 4 under-the-radar AI stocks...
Investors interested in the AI trade beyond the Magnificent Seven should look into these four stocks with breakout growth potential....
News Source: Business Insider on 2025-06-17