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[D] The fit, transform and fit_transform methods. What do they do, exactly?

ML newbie here. I see ALL ML classes have these methods. Can someone explain, in plain English, what do they do?

Also, what is the difference between using fit, then transform on a dataset and fit_transform on the same?

submitted by /u/radjeep
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Toronto AI is a social and collaborative hub to unite AI innovators of Toronto and surrounding areas. We explore AI technologies in digital art and music, healthcare, marketing, fintech, vr, robotics and more. Toronto AI was founded by Dave MacDonald and Patrick O'Mara.