What is a model template?

This article defines a model template in the AI & Analytics Engine.

A machine learning model template in the Engine, or more commonly known as machine learning algorithm, is a program (math and logic) that will recognize patterns between predictor and the target variables from the data they are exposed to.

These programs are then able to based on the patterns, make predictions of the target variables based on a set of predictor variables.  

Note: To assist users with the selection of a model template, we have built a model recommender in the Engine. See this article on how to use the model recommender.