This document discusses the K-nearest neighbors (KNN) algorithm, an instance-based learning method used for classification. KNN works by identifying the K training examples nearest to a new data point and assigning the most common class among those K neighbors to the new point. The document covers how KNN calculates distances between data points, chooses the value of K, handles feature normalization, and compares strengths and weaknesses of the approach. It also briefly discusses clustering, an unsupervised learning technique where data is grouped based on similarity.