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Re:A Japanese company cut 80% of the time needed to manually... by rationalData on Monday May 24, 2021 @08:34AM (#27263601)
It's literally statistics applied to data.

If your data is good and you can fit it to a model it will work.

The problem is that data is often poor and the idealized models don't fit real world conditions so you can have problems like overfitting.

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