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.
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formulate 1 real-world prediction problem that can be solved using supervised machine learning.
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one example of a real-world prediction problem that can be solved using supervised machine learning is predicting the rate of defaults for home loan applicants, using data such as applicants' financial history, credit score, and other features.
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