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The label is the column you want to predict. The identified Featuresare the inputs you give the model to predict the Label. Example: The provided data set contains the following columns: vendor_id: The ID of the taxi vendor is a feature. rate_code: The rate type of the taxi trip is a feature. passenger_count: The number of passengers on the trip is a feature. trip_time_in_secs: The amount of time the trip took. You want to predict the fare of the trip before the trip is completed. At that moment, you don`t know how long the trip would take. Thus, the trip time is not a feature and you`ll exclude this column from the model. trip_distance: The distance of the trip is a feature. payment_type: The payment method (cash or credit card) is a feature. fare_amount: The total taxi fare paid is the label. Reference: https://docs.microsoft.com/en-us/dotnet/machine-learning/tutorials/predict-prices