Role and Importance of Computational Statistics in Machine Learning

Role and Importance of Computational Statistics in Machine Learning

Rahul Kulkarni [1], Ravi [2], Dr. Vibha M B [3]

Department of MCA

Dayanand Sagar College of Engineering

Bengaluru

ABSTRACT
Computational statistics plays a crucial role in the field of machine learning by providing robust and efficient methods for data analysis and model inference. In this abstract, we explore the intersection of computational statistics and machine learning, highlighting the key contributions and advancements in this rapidly evolving field. We begin by discussing the fundamental principles of computational statistics, emphasizing the importance of statistical modeling, inference, and optimization. These principles form the backbone of machine learning algorithms, enabling data-driven decision making and predictive modeling.

Next, we delve into the challenges and complexities associated with applying computational statistics techniques. These challenges include handling high-dimensional data, dealing with large-scale datasets, and over fitting. Various approaches, such as regularization, dimensionality reduction, and scalable algorithms, are explored as solutions to these challenges.

Keywords—computational statistics, machine learning, data, decision making,  optimization.