Regression, Predicting Numbers
Read a predicted number off a line fitted to your data, catch when a straight line is the wrong shape for a curve, and distrust any prediction pushed past the range you measured.
Classification, Predicting Categories
Sort a case into one of two categories by which side of a line it falls on, read its confidence off how far it sits from that line, and move the cut-off to trade wrongly-flagged real mail against spam let through.
Trees & Ensembles
Walk a loan application down a tree's yes/no branches to its verdict, see how one flipped answer reroutes it to the opposite call, and explain why a forest of disagreeing trees that vote beats a single tree that swings with its training data.
Overfitting & Underfitting
Spot an overfit model by the gap between its training and test scores, tell that apart from a too-simple model weak on both, and close the gap with more data, a simpler model, or regularization.