In statistics and machine learning, ensemble methods use multiple learning algorithms to obtain better predictive performance than could be obtained from any of the constituent learning algorithms alone. Unlike a statistical ensemble in statistical mechanics, which is usually infinite, a machine learning ensemble consists of only a concrete finite set of alternative models, but typically allows for much more flexible structure to exist among those alternatives. In this video, we will be talking about Ensemble Learning, when & where to use them, and the two different types of Ensemble Learning, along with basic differences in various algorithms. At the end of the lecture, we will also go through a practical code for better understanding. 𝐓𝐢𝐦𝐞𝐋𝐢𝐧𝐞: ✅ 00:00 Introduction ✅ 00:13 What is Ensemble Learning? ✅ 01:14 What are Standalone Models? ✅ 04:25 Why do we use Ensemble Learning? ✅ 05:22 When & Where do we use Ensemble Learning? ✅ 06:20 Types of Ensemble Learning: Bootstrap Aggregation (Bagging) & Boosting ✅ 06:44 Bootstrap Aggregation (Bagging) ✅ 10:12 Boosting ✅ 15:50 Practical Implementation: Codes 🔴 Code: https://bit.ly/3sRE1zT Subscribe our YouTube Channel and press the bell icon to get regular updates👇: https://bit.ly/3tt2eNY Join our Telegram Channel For Exclusive Data Science Resources👍 : https://bit.ly/3FzObsk Check Out Our Other Helpful Videos:😍 ➮ Data Analyst vs Data Scientist vs Data Engineer - Roles || Responsibilities & Skills https://bit.ly/3qsg2pL ➮Live Implementation of End To End Machine Learning Project With Deployment | Customer Churn https://bit.ly/3FqPQjF ➮ Build your own Alexa in 30 minutes using Python | NLP | Data Science https://bit.ly/3FFBWdP Follow us on: ✌️ 🔴 FACEBOOK: https://bit.ly/3I89SB4 🔴 INSTAGRAM: https://bit.ly/3GLSvFn 🔴 LINKEDIN: https://bit.ly/3fmwmCa Hello Friends , I am Satyajit Pattnaik, In my channel you will find every information about Data Science & Analytics which will help you become an expert Data Scientist or a Data Analyst along with which you would enjoy a loads of interesting and useful projects. More & more great stuffs coming soon, keep supporting & learning 🎓 THANKS FOR WATCHING 😊 #ensemblelearning #baggingvsboosting #satyajitpattnaik