Classification vs Prediction Classification predicts categorical class labels(discrete or nominal classifies data(constructs a model) based on the training set and the values class labels)in a classifying attribute and uses it in classifying new data Prediction models continuous-valued functions, i. e, predicts unknown or missing values2 ◼ Classification ◼ predicts categorical class labels (discrete or nominal) ◼ classifies data (constructs a model) based on the training set and the values (class labels) in a classifying attribute and uses it in classifying new data ◼ Prediction ◼ models continuous-valued functions, i.e., predicts unknown or missing values Classification vs. Prediction