as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
explain what is supervised learning
user
supervised learning is a type of machine learning in which algorithms learn to map input data to known outputs. it requires labeled data which are the result of the application of certain rules or processes which have previously been determined by a human expert. this data is used to train the algorithm to learn patterns which can then be used to produce predictions given new, unseen data.
assistant