price = -55089.98 + 87.34engineSize +…

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Image Source: Statistical Aid

Logistic regression is a statistical technique to find the association between the categorical dependent…

Added by Muhammad Touhidul Islam on July 6, 2021 at 6:30am — No Comments

Hello fellow Data Science-Centralists!

I wrote a post on my LinkedIn about why you should NEVER run a Logistic Regression. (Unless you *really* have to).

The main thrust is:

- There is no theoretical reason why a least squares estimator can't work on a 0/1.
- There are very very narrow theoretical reasons that you want to run a logistic, and unless you fall into those categories it's not worth the time.
- The run time of a logistic can be up to…

Added by Charles Thibault on October 14, 2020 at 7:00am — 2 Comments

Excel is often poorly regarded as a platform for regression analysis. The regression add-in in its Analysis Toolpak has not changed since it was introduced in 1995, and it was a flawed design even back then. (See **this link** for a discussion.) That’s unfortunate, because an Excel file can be a very good place in which to build regression models, compare and refine them, create…

Added by Robert Nau on July 21, 2019 at 7:00am — 1 Comment

Emerging applications like machine learning (ML), big data analytics, and artificial intelligence (AI) has created the need for many companies to hire highly skilled and experienced work force. Demand for data scientists, ML engineers and data engineers is booming and will only increase in the next years. The January report from Indeed, one of the top job sites, showed a 29% increase in demand for data scientists year over year and a 344% increase since 2013.

**Salaries and…**

Added by Chris Kachris on May 17, 2019 at 4:30am — No Comments

Machine learning applications require powerful and scalable computing systems that can sustain the high computation complexity of these applications. Companies that are working on the domain of machine learning have to allocate a significant amount of their budget for the OpEx of machine learning applications whether this is done on cloud or on-prem.

Typical machine learning application…

ContinueAdded by Chris Kachris on May 14, 2019 at 11:30pm — No Comments

Yes, I know, this has been tried a few times and no one listens.... At least not yet. Despite several studies showing otherwise, teams still punt more than they should. Admittedly, some of these studies have been less than rigorous, and often times, assumptions are made that warrant scrutiny (assuming a 50% success rate on all 4th down attempts for example). But I don't think it is the lack of scientific rigor that keeps change at bay. I think the failure to adopt a novel strategy has a lot…

ContinueAdded by Ray Hall on August 30, 2018 at 9:30am — No Comments

There are many good and sophisticated feature selection algorithms available in R. Feature selection refers to the machine learning case where we have a set of predictor variables for a given dependent variable, but we don’t know a-priori which predictors are most important and if a model can be improved by eliminating some predictors from a model. In linear regression, many students are taught to fit a data set to find the best model using so-called “least squares”. In most…

ContinueAdded by Blaine Bateman on April 30, 2018 at 7:30am — No Comments

The concepts of p-value and level of significance are vital components of hypothesis testing and advanced methods like regression. However, they can be a little tricky to understand, especially for beginners and good understanding of these concepts can go a long way in understanding advanced concepts in statistics and econometrics. Here, we try to simplify the concept in an easy, logical manner. Hope this helps.

**P-value**

In hypothesis testing, we set…

ContinueAdded by Smrati Sharma on November 29, 2017 at 4:30pm — 2 Comments

Research fields usually follow the practice of categorizing continuous predictor variables, and they are the same who mostly use ANOVA. They often do it through median splits, the high value above the median and the low values below the median. However; this it seems is not that good an idea, and enlisted are some of the reasons to it:

- Median tends to vary from sample to sample. This makes the categories in various samples have various…

Added by Chirag Shivalker on October 24, 2017 at 10:00pm — No Comments

In the last few blog posts of this series discussed regression models at length. Fernando has built a multivariate regression model. The model takes the following shape:

price = -55089.98 + 87.34engineSize +…

Added by Pradeep Menon on August 30, 2017 at 4:30am — No Comments

Added by Goran S. Milovanović on April 14, 2017 at 11:00pm — No Comments

Linear Regression is one of the most widely used statistical models. If Y is a continuous variable i.e. can take decimal values, and is expected to have linear relation with X's variables, this relation could be modeled as linear regression, mostly the **first** model to fit,if we are planning to develop a model of forecasting Y or trying to build hypothesis about relation Xs on Y.

The…

ContinueAdded by Jishnu Bhattacharya on February 1, 2017 at 8:30pm — No Comments

*This article was posted by Arpan Gupta (Indian Institute of Technology).*

Let’s learn from a precise demo on Fitting Logistic Regression on Titanic Data Set for Machine Learning

**Description**:On April 15, 1912, the Titanic sank after colliding with an iceberg, killing 1502 out of 2224 passengers and crew.…

Added by Emmanuelle Rieuf on January 16, 2017 at 11:00am — No Comments

Regressions are widely used to **estimate relations between variables or predict future values for a certain dataset**.

If you want to know how much of variable "x" interferes with…

ContinueAdded by Renata Ghisloti Duarte Souza Gra on December 27, 2016 at 10:00am — No Comments

**INTRODUCTION TO THE RESEARCH QUESTION**

The research was conducted to find out what price maximises profit without sacrificing the high demand for the product due to the price being too high nor sacrificing the margins on the product due to the price being too low.

The goal…

ContinueAdded by Bernard Antwi Adabankah on October 29, 2016 at 10:30pm — 3 Comments

Tensorflow is an open source machine learning (ML) library from Google. It has particularly became popular because of the support for Deep Learning. Apart from that it's highly scalable and can run on Android. The documentation is well maintained and several tutorials available for different expertise levels. To learn more about downloading and installing Tesnorflow, visit official website.

To scratch the surface of this incredible ML library,…

ContinueAdded by Aqib Saeed on July 7, 2016 at 12:00pm — No Comments

**[Previous Post]**

Single regression on Exxon's stock

**[Introduction of Multi-regression]**

Let's recall our last job. We conducted the single regression on Exxon Mobil's stock along with WTI crude oil spot price. The result was fantastic, which accounts for 25% of the variation of stock movement. Put it in other way, R-square. The problem is "are you happy with the…

Added by Gregory Choi on May 20, 2016 at 9:05am — 1 Comment

Regression is the first technique you’ll learn in most analytics books. It is a very useful and simple form of supervised learning used to predict a quantitative response.

*Originally published on Ideatory…*

Added by Sudhanshu Ahuja on March 28, 2016 at 8:00pm — No Comments

UPDATE: Mar 20, 2016 - Added my new follow-up course on Deep Learning, which covers ways to speed up and improve vanilla backpropagation: momentum and Nesterov momentum, adaptive learning rate algorithms like AdaGrad and RMSProp, utilizing the GPU on AWS EC2, and stochastic batch gradient descent. We look at TensorFlow and Theano starting from the basics - variables, functions, expressions, and simple optimizations - from there, building a neural network seems simple! …

ContinueAdded by LazyProgrammer.me on January 23, 2016 at 8:30pm — 2 Comments

This is the 2nd part of the series. Read the first part here: Logistic Regression Vs Decision Trees Vs SVM: Part I

In this part we’ll discuss how to choose between Logistic Regression , Decision Trees and Support Vector Machines. The most correct answer as mentioned in the …

ContinueAdded by Aatash Shah on November 19, 2015 at 1:00am — No Comments

- An Overview of Logistic Regression Analysis
- Why you should NEVER run a Logistic Regression (unless you have to)
- Linear and logistic regression in Excel and R: try this free add-in (RegressIt)
- How to make ML engineers 5x more efficient
- How to save over $200k on your next machine learning project
- Another Analysis of Punting on 4th Down
- Simple automated feature selection using lm() in R

- Step-by-step video courses for Deep Learning and Machine Learning
- Logistic Regression Vs Decision Trees Vs SVM: Part I
- Random Forests Algorithm
- How to forecast using Regression Analysis in R
- How to Lie with Visualizations: Statistics, Causation vs Correlation, and Intuition!
- Linear Regression Geometry
- Logistic Regression vs Decision Trees vs SVM: Part II

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