Feature Engineering is an important concept for machine learning because it helps you to extract meaningful information from the raw data by using mathematics, statistics, and domain knowledge. Domain knowledge means, we use the specialized discipline of knowledge to extract features from the raw data through different techniques. For that purpose, if we have to create some additional relevant features which increase the predictive power of the machine learning algorithm, then we add some extra features to enhance the performance even better. …
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5) Additional account creation facility.