What characterizes the process of fine-tuning a machine learning model?

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Fine-tuning a machine learning model is characterized by the process of adapting a pretrained model for a specific task. This involves taking a model that has already been trained on a large dataset and making slight adjustments to its parameters by training it further on a smaller, task-specific dataset. This approach leverages the learned features and knowledge from the initial training to improve performance on the new task without having to start from scratch.

When a model is pretrained, it already possesses a fundamental understanding of the underlying patterns in the data. Fine-tuning allows the model to focus on the unique features relevant to the new application, leading to better overall efficacy and often faster training times compared to training a model from the ground up. It’s a strategy that is particularly beneficial in scenarios where data may be limited for the specific task at hand.

The other options do not accurately characterize the essence of fine-tuning. For instance, training exclusively on new data would not utilize the pretrained model's strengths, and using a large dataset for training typically pertains to the initial training phase rather than the fine-tuning phase. Lastly, eliminating all previous training data would contradict the purpose of fine-tuning, as it relies on previously acquired knowledge to enhance performance on a new task.

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