price = -55089.98 + 87.34engineSize +…

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

The last few blog posts of this series discussed regression models. Fernando has selected the best model. He has built a multivariate regression model. The model takes the following shape:

Continueprice = -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.…

Added by Pradeep Menon on August 9, 2017 at 4:00pm — 2 Comments

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

Added by Pradeep Menon on August 6, 2017 at 5:30am — 1 Comment

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…**

Added by Pradeep Menon on August 6, 2017 at 5:30am — 3 Comments

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 …

ContinueAdded by Pradeep Menon on August 6, 2017 at 5:30am — 2 Comments

In 2006, Clive Humbly, UK Mathematician, and architect of Tesco’s Clubcard coined the phrase “Data is the new oil. He said the following:

*”…*

Added by Pradeep Menon on August 5, 2017 at 2:10am — 5 Comments

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 5, 2017 at 2:00am — 2 Comments

According to Mckinsey report, Artificial Intelligence (AI) is poised to unleash digital disruption and companies needs to start preparing…

ContinueAdded 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…

ContinueAdded by Pradeep Menon on August 1, 2017 at 5:00am — 3 Comments

- An Executive Primer to Deep Learning
- Top Trends in AI in 2018
- Data Science Simplified Part 11: Logistic Regression
- Data Science Simplified Part 10: An Introduction to Classification Models
- Data Science Simplified Part 9: Interactions and Limitations of Regression Models
- Data Science Simplified Part 8: Qualitative Variables in Regression Models
- Data Science Simplified Part 7: Log-Log Regression Models

- Data Science Simplified Part 4: Simple Linear Regression Models
- An Executive Primer to Deep Learning
- Top Trends in AI in 2018
- Demystifying Data Lake Architecture
- Data Science Simplified Part 9: Interactions and Limitations of Regression Models
- Data Science Simplified Part 2: Key Concepts of Statistical Learning
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