<ul data-eligibleForWebStory="true">XGBoost is a prominent model in machine learning, known for dominating Kaggle competitions and being efficient at handling tabular data.XGBoost iteratively learns from mistakes, is optimized for speed and accuracy, and performs well on large datasets.To get started with XGBoost, one can install it using 'pip install xgboost' and check the version for confirmation.Training a model with XGBoost on the Iris dataset involves prepping the data, converting it into XGBoost's optimized format, and training the model.A key component in XGBoost is DMatrix, which allows for efficient data handling before model training.Performance evaluation of an XGBoost model can be done using metrics like accuracy.GridSearchCV can be employed to fine-tune model parameters for better performance.Feature importance analysis in XGBoost can be visualized to understand which features the model relies on most.SHAP can be used for explaining model predictions in XGBoost, enhancing model interpretability.XGBoost can be utilized for regression and binary classification tasks in addition to its use for classification.Advanced users can explore distributed training options with XGBoost, including multi-GPU training and utilizing frameworks like Dask or Spark.XGBoost is recommended for structured data tasks requiring speed, power, and flexibility, with possibilities for advanced fine-tuning and scalability.