# 4. ML Foundations I

```{raw} html
<p class="wk-lede">Translate a business question into a valid modeling problem.</p>
```

```{raw} html
:file: widgets/goal-map.html
```

Before this session, work through [Foundations for ML](mlf-foundations.md): returns, risk, benchmarks, financial and macro data, and the statistics the models use.

```{admonition} Coming soon
:class: tip
This chapter is being written. Chapter 1 shows the format every chapter will follow: objectives, concepts, runnable cells, an interactive explainer, a checkpoint quiz, and a Colab exercise.
```