May 3, 2020 | Artificial Intelligence, Data Science, Machine Learning, Python Programming, R Programming

What is Logistic Regression? Logistic Regression is a machine learning technique that is used to model the probability of an event or class having a binary outcome. Logistic Regression is a...
Apr 28, 2020 | Data Science, Python Programming, R Programming

The Training and Testing concept is an amazingly simple, time-tested approach. Right from our school days, we have been applying the Training & Testing approach to evaluate/grade the students....
Apr 13, 2020 | Data Science, R Programming

This blog is final blog of Linear Regression series. In this blog we will discuss some of the key assumptions of Linear Regression and test the assumptions using R code. Assumptions of Linear...
Apr 1, 2020 | Data Science, Python Programming, R Programming

What is Regression? Regression is a statistical process for estimating the relationship between a dependent variable (usually denoted by y) and one or more independent variables (usually denoted by...
Apr 24, 2018 | Data Science, R Programming

Why Clustering? Clustering is done to group similar objects/entities. To create homogeneous groups from heterogeneous data. E.g. in Marketing, we create Customer Segments (Clusters) to design...
Aug 3, 2014 | Data Science, Python Programming, R Programming

Information Value (IV) Information Value is the most used concept for variable selection in the Logistic Regression scorecard development process. Information Value is a measure of the predictive...
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