If you want to take a particular decision on a given task, for example, if a bank wants to approve a credit card for a person, they check a certain number of criteria to approve or deny. This classification task can be done through Perceptron Algorithm; however, today they are many hybrid algorithms that work behind for approving the credit card or any binary classification task.
Perceptron is a very simple supervised learning algorithm used for a binary classification task. The binary can give only two options 0 or 1, yes or no, approve or deny, etc.
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The weights are w1, w2, w3….wdxd, and features are x1, x2, x3…xd and then add bias term b that determines 0 or 1, approve or deny, yes or no, etc.
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