I am interested about playing with machine learning algorithm and time series analysis. Is there website/resource with a comprehensive list of sample projects/proposals one may be interested about?
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You may want to read this and look at the two terms of projects and additional projects.
You may want to have a look at the proceedings of prominent machine learning conferences such as Intl. Conference on Machine Learning (ICML) and Adv. in Neural Information Processing Systems (NIPS). This will give you a fair idea of interesting relevant problems currently being tackled in ML.