Final answer:
The statement is True. The Gradient Boosting algorithm is a machine learning technique that predicts residuals and minimizes those residuals with each iteration using weak learners.
Step-by-step explanation:
The statement is True.
The Gradient Boosting algorithm is a machine learning technique that tries to predict the residuals (errors) and minimize those residuals with each iteration by using a combination of weak learners (simple models).
For example, in gradient boosting, if the initial prediction of a model is far from the true value, the algorithm will focus on minimizing the residuals of that data point in subsequent iterations, leading to a more accurate prediction.