Machine learning applications are diverse and can be found in various fields. In healthcare, for instance, algorithms analyze medical data to assist in diagnosing diseases and predicting patient outcomes. This technology helps doctors make informed decisions and improves patient care. In the finance sector, machine learning is used for fraud detection and risk assessment. By examining transaction patterns, algorithms can identify unusual activities that may indicate fraud. Additionally, machine learning models help in predicting stock market trends, enabling investors to make better financial choices.