Understanding the need and applications of linear regression algorithm using real-life examples.
Linear regression has been around since 1911. It is one of the core pillars of the data science and machine learning domain and is widely used in the industry to date.
This is Part 1 of the Linear regression series.
The main objective of this blog is to highlight the need for linear regression and to identify the domains where linear regression is used to solve real-world problems.
What is Regression?
The hidden relationship between linear regression and logistic regression that most of us are unaware of
Linear regression and Logistic regression are two machine learning algorithms that we all have stumbled upon during our data science journey.
But have you ever wondered, why does Logistic regression have “regression” in its name if it is a classification machine learning algorithm?
Why don’t we call it “Logistic Classification”?
In this blog, we try to demystify this question.
What is Classification?
10 key elements that will help you create a successful BI implementation for your organization
There are no specific stone-carved set of rules when it comes to implementing a BI project. Consultants and Pundits make their own list of rules which they implement in their projects. Of course, every situation is different. Companies, market situation, and personalities involved all contribute to making a BI project unique in itself. But if you combine the ideas in this list with your own knowledge of your company’s unique qualities, you will be on your way to a successful implementation and a valuable business intelligence program.
1. Selecting Good Key Performance Indicators (KPIs)
How does your company measure success? Seems a pretty simple question right? …
Introduction and Basics of Business Intelligence
This blog is a primer on business intelligence. It will lay the foundation of your BI journey and will help you understand what are the fundamentals of BI and what values does it hold.
The topics that we will cover in this blog are:
- Basics of Business Intelligence
- Value Proposition of Business Intelligence
Decisions Drive Organizations
From the CEO of a company down to the lowest levels of any organization, every minute of the day someone is making a decision that has an impact on the company’s performance. Sometimes a decision is at a very high strategic
level that affects the fate of the entire organization, and other times a decision might be narrowly defined and tactical, affecting a single person or
department for a very short window of time. …
You have come too far to say “I Quit!”
The idea of chasing your dreams and living the life of your choice comes with a fear of uncertainty.
Will my dreams ever come true?
How long will it take before my dreams turn into reality?
What if I fail and could never get back up?
When questions like these surface in our minds, it paralyzes us. These thoughts restrict us from taking the next step forward.
But logically speaking, if we don't take the next step, then how are we ever gonna reach our destination?
Achieving your dreams is like nurturing a plant. You have to sow the right seed, consistently water it for a brief period of time, provide the right nutrition. …
Your time is limited. Use it wisely!
We live in an age where food which used to take us hours to obtain can be delivered to our doorsteps in under 30 minutes.
Never in the history of mankind have we had this much free time in our hands until now.
But the majority of us waste it!
We turn on our T.V or our gaming console. We medicate ourselves with weed, alcohol, and drugs.
What a waste!
So, what should you really be doing with all this free time?
If you are even the slightest bit serious about becoming a winner in the game of life, here are the 4 most important things you need to be spending your time on. …
You can live the life of your dream by disciplining your behavior
Success… Happiness… Fulfillment…
Everyone wants to be successful, happy and fulfilled in this journey called life. But at what cost?
Well, let me tell you something. Success and happiness ain’t cheap my friends. You have to pay a price for it.
The US Marines have a saying, “Everybody wants to go to heaven, but nobody wants to die.”
It takes hard work, consistency, and patience to be able to develop sustainable success and happiness.
To practice hard work, consistency, and patience for a long period of time, you require self-discipline.
The core of all the material success is self-discipline.
Self-discipline is a habit. It is training your mind to focus on things that are important to you. To commit yourself to your craft in order to achieve the goals you have dreamed of. …
How mobile phone is harming your relationships leaving you stressed, depressed, and unhappy
The year 2020 has marked the emergence of a global pandemic. For the past 8 months, we have been isolated from our friends and family. Coronavirus has become a household name worldwide. But 2020 is not the first time we have been isolated and self-quarantined.
If you think carefully then you will realize that we have been living in isolation for the past decade and a half. How? It is because of our Mobile Phones.
Mobile phones have taken over our world. According to the studies conducted by Rescue Time and eMarketer, an average person spends above 3 hours daily on their mobile phones. …
Understanding Accuracy, Precision, and Recall using a real-life example.
Explain the difference between Accuracy and Precision?
When will you use Precision and Recall to evaluate your machine learning model?
What is the importance of the F1 score?
These are some of the favorite questions of the interviewers and they pop up in the majority of Data Science and Machine Learning interviews.
When explaining what Accuracy, Precision, Recall, and F1 score means, we tend to get confused and mix these terms up with one another.
So I thought it would be a good idea to explain these terms using real-life examples and their significance when it comes to Data Science and Machine Learning. …
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