Probabilistic Models
Probabilistic models are mathematical frameworks that use probability theory to represent and analyze uncertain or random phenomena. They describe the likelihood of different outcomes and relationships between variables, often using distributions and statistical inference. These models are foundational in fields like machine learning, statistics, and data science for making predictions and decisions under uncertainty.
Developers should learn probabilistic models when working on projects involving uncertainty, such as predictive analytics, risk assessment, or recommendation systems. They are essential for building robust machine learning algorithms like Bayesian networks, Gaussian processes, and probabilistic graphical models, which are used in applications ranging from finance to healthcare and natural language processing.