Added by Pradeep Menon on February 20, 2018 at 4:30pm — No Comments
In the last blog post of this series, we discussed classifiers. The categories of classifiers and how they are evaluated were discussed. We have also discussed regression models in depth. In this post, we dwell a little deeper in how regression models can be used for classification tasks.
Logistic Regression is a widely used regression model used for classification tasks. As usual, we will discuss by example. No Money bank approaches us with a problem. The bank wants…Continue
Added by Pradeep Menon on February 19, 2018 at 10:00pm — No Comments
Webster defines classification as follows:
A systematic arrangement in groups or categories according to established criteria.
The world around is full of classifiers. Classifiers help in preventing spam e-mails. Classifiers help in identifying…Continue
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 + 87.34 engineSize +…
Added by Pradeep Menon on August 30, 2017 at 4:30am — No Comments
price = -55089.98 + 87.34 engineSize + 60.93…
Added by Pradeep Menon on August 19, 2017 at 6:30am — No Comments
In the last few blog posts of this series, we discussed simple linear regression model. We discussed multivariate regression model and methods for selecting the right model.
Fernando has now created a better model.…
Added by Pradeep Menon on August 16, 2017 at 3:00am — No Comments
In the last article of this series, we had discussed multivariate linear regression model. Fernando creates a model that estimates the price of the car based on five input parameters.…
In the last article of this series, we discussed the story of Fernando. A data scientist who wants to buy a car. He uses Simple Linear Regression model to estimate the price of the car.…Continue
In the previous posts of this series, we discussed the concepts of statistical learning and hypothesis testing. In this article, we dive into linear regression models.
Before we dive in, let us recall some important aspects of statistical learning.
Independent and Dependent…Continue
In the first article of this series, I had touched upon key concepts and processes of Data Science. In this article, I will dive in a bit deeper. First, I will define what is Statistical learning. Then, we will dive into key concepts in Statistical learning. Believe me; it is simple.
As per …Continue
In 2006, Clive Humbly, UK Mathematician, and architect of Tesco’s Clubcard coined the phrase “Data is the new oil. He said the following:
Edward Teller, the famous Hungarian-American physicist, once quoted:
“A fact is a simple statement that everyone believes. It is innocent, unless found guilty. A hypothesis is a novel suggestion that no one wants to believe. It is guilty, until…Continue
Added by Pradeep Menon on August 1, 2017 at 5:00am — No Comments
According to Gartner, 80% of successful CDOs will have value creation or revenue generation as their Number 1 priority through 2021.
To create the maximum value out the organization’s data landscape, traditional decision support system architecture are no longer adequate. New architectural patterns need to be developed to harness the…Continue