The document describes the process of forward propagation and backpropagation in a neural network. It outlines 7 steps: 1) randomly initializing weights, 2) inputting observations, 3) propagating activations forward, 4) comparing predictions to actual results and measuring error, 5) backpropagating the error to update weights, 6) repeating for each observation or batch, and 7) repeating epochs with the full training set. The goal is to continuously update weights to reduce error through this forward and backward process.
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