Tag Archives: Data Science
Softmax Regression Explained with Python Example
In this post, you will learn about the concepts of what is Softmax regression/function with Python code examples and why do we need them? As data scientist/machine learning enthusiasts, it is very important to understand the concepts of Softmax regression as it helps in understanding the algorithms such as neural networks, multinomial logistic regression, etc in a better manner. Note that the Softmax function is used in various multiclass classification machine learning algorithms such as multinomial logistic regression (thus, also called softmax regression), neural networks, etc. Before getting into the concepts of softmax regression, let’s understand what is softmax function. What’s Softmax function? Simply speaking, the Softmax function converts raw …
Neural Network Explained with Perceptron Example
Neural networks are an important part of machine learning, so it is essential to understand how they work. A neural network is a computer system that has been modeled based on a biological neural network comprising neurons connected with each other. It can be built to solve machine learning tasks, like classification and regression problems. The perceptron algorithm is a representation of how neural networks work. The artificial neurons were first proposed by Frank Rosenblatt in 1957 as models for the human brain’s perception mechanism. This post will explain the basics of neural networks with a perceptron example. You will understand how a neural network is built using perceptrons. This …
Classification Problems Real-life Examples
In this post, you will learn about some popular and most common real-life examples of machine learning classification problems. For beginner data scientists, these examples will prove to be helpful to gain perspectives on real-world problems which can be termed as machine learning classification problems. This post will be updated from time-to-time to include interesting real-life examples which can be solved by training machine learning classification models. Before going ahead and looking into examples, let’s understand a little about what is machine learning (ML) classification problem. You may as well skip this section if you are familiar with the definition of machine learning classification problems & solutions. You may want …
Linear Regression Explained with Python Examples
In this post, you will learn about concepts of linear regression along with Python Sklearn examples for training linear regression models. Linear regression belongs to class of parametric models and used to train supervised models. The following topics are covered in this post: Introduction to linear regression Linear regression concepts / terminologies Linear regression python code example Introduction to Linear Regression Linear regression is a machine learning algorithm used to predict the value of continuous response variables. The predictive analytics problems that are solved using linear regression models are called supervised learning problems as it requires that the value of response/target variables must be present and used for training the models. Also, recall that …
Mean Squared Error or R-Squared – Which one to use?
In this post, you will learn about the concepts of the mean-squared error (MSE) and R-squared, the difference between them, and which one to use when evaluating the linear regression models. You also learn Python examples to understand the concepts in a better manner What is Mean Squared Error (MSE)? The Mean squared error (MSE) represents the error of the estimator or predictive model created based on the given set of observations in the sample. Intuitively, the MSE is used to measure the quality of the model based on the predictions made on the entire training dataset vis-a-vis the true label/output value. In other words, it can be used to …
Linear Regression Explained with Real Life Example
In this post, the linear regression concept in machine learning is explained with multiple real-life examples. Both types of regression models (simple/univariate and multiple/multivariate linear regression) are taken up for sighting examples. In case you are a machine learning or data science beginner, you may find this post helpful enough. You may also want to check a detailed post on what is machine learning – What is Machine Learning? Concepts & Examples. What is Linear Regression? Linear regression is a machine learning concept that is used to build or train the models (mathematical models or equations) for solving supervised learning problems related to predicting continuous numerical value. Supervised learning problems …
Regularization in Machine Learning: Concepts & Examples
In machine learning, regularization is a technique used to avoid overfitting. This occurs when a model learns the training data too well and therefore performs poorly on new data. Regularization helps to reduce overfitting by adding constraints to the model-building process. As data scientists, it is of utmost importance that we learn thoroughly about the regularization concepts to build better machine learning models. In this blog post, we will discuss the concept of regularization and provide examples of how it can be used in practice. What is regularization and how does it work? Regularization in machine learning represents strategies that are used to reduce the generalization or test error of …
Difference: Binary, Multiclass & Multi-label Classification
There are three main types of classification algorithms when dealing with machine learning classification problems: Binary, Multiclass, and Multilabel. In this blog post, we will discuss the differences between them and how they can be used to solve different problems. Binary classifiers can only classify data into two categories, while multiclass classifiers can classify data into more than two categories. Multilabel classifiers assign or tag the data to zero or more categories. Let’s take a closer look at each type! Binary classification & examples Binary classification is a type of supervised machine learning problem that requires classifying data into two mutually exclusive groups or categories. The two groups can be …
80+ Free Online Books, Courses – Machine Learning & Data Science
This post represents a comprehensive list of 80+ free books/ebooks and courses on machine learning, deep learning, data science, optimization, etc which are available online for self-paced learning. This would be very helpful for data scientists starting to learn or gain expertise in the field of machine learning / deep learning. Please feel free to comment/suggest if I missed mentioning one or more important books that you like and would like to share. Also, sorry for the typos. Following are the key areas under which books are categorized: Data science Pattern Recognition & Machine Learning Probability & Statistics Neural Networks & Deep Learning Optimization Data mining Mathematics Here is my post …
What is Machine Learning? Concepts & Examples
Machine learning is a machine’s ability to learn from data. It has been around for decades, but machine learning is now being applied in nearly every industry and job function. In this blog post, we’ll cover a detailed introduction to what is machine learning including different definitions. We will also learn about different types of machine learning tasks, algorithms, etc along with real-world examples. What is machine learning & how does it work? Simply speaking, machine learning can be used to model our beliefs about real-world events. For example, let’s say a person came to a doctor with a certain blood report. A doctor based on his belief system learned …
Statistics – Random Variables, Types & Python Examples
Random variables are one of the most important concepts in statistics. In this blog post, we will discuss what they are, their different types, and how they are related to the probability distribution. We will also provide examples so that you can better understand this concept. As a data scientist, it is of utmost importance that you have a strong understanding of random variables and how to work with them. What is a random variable and what are some examples? A random variable is a variable that can take on random values. The key difference between a variable and a random variable is that the value of the random variable …
Frequentist vs Bayesian Probability: Difference, Examples
In this post, you will learn about the difference between Frequentist vs Bayesian Probability. It is of utmost importance to understand these concepts if you are getting started with Data Science. What is Frequentist Probability? Probability is used to represent and reason about uncertainty. It was originally developed to analyze the frequency of the events. In other words, the probability was developed as frequentist probability. The probability of occurrence of an event, when calculated as a function of the frequency of the occurrence of the event of that type, is called Frequentist Probability. Frequentist probability is a way of assigning probabilities to events that take into account how often those events actually occur. Frequentist …
Why & When to use Eigenvalues & Eigenvectors?
In this post, you will learn about why and when you need to use Eigenvalues and Eigenvectors? As a data scientist/machine learning Engineer, one must need to have a good understanding of concepts related to Eigenvalues and Eigenvectors as these concepts are used in one of the most popular dimensionality reduction techniques – Principal Component Analysis (PCA). In PCA, these concepts help in reducing the dimensionality of the data (curse of dimensionality) resulting in a simpler model which is computationally efficient and provides greater generalization accuracy. In this post, the following topics will be covered: Background – Why need Eigenvalues & Eigenvectors? What are Eigenvalues & Eigenvectors? When to use Eigenvalues …
Spend Analytics Use Cases: AI & Data Science
In this post, you will learn about the high-level concepts of spend analytics in relation to procurement and how data science / machine learning & AI can be used to extract actionable insights as part of spend analytics. This will be useful for procurement professionals such as category managers, and procurement analytics stakeholders looking to understand the concepts of spend analytics and how they can drive decisions based on spend analytics. What is Spend Analytics? Simply speaking, spend analytics is about performing systematic computational analysis to extract actionable insights from spend and savings data in order to achieve desired business outcomes such as cost savings, cost avoidance, spend forecasting, spend anomalies management, …
What are Features in Machine Learning?
Machine learning is a field of machine intelligence concerned with the design and development of algorithms and models that allow computers to learn without being explicitly programmed. Machine learning has many applications including those related to regression, classification, clustering, natural language processing, audio and video related, computer vision, etc. Machine learning requires training one or more models using different algorithms. Check out this detailed post in relation to learning machine learning concepts – What is Machine Learning? Concepts & Examples. One of the most important aspects of the machine learning model is identifying the features which will help create a great model, the model that performs well on unseen data. …
SVM Classifier using Sklearn: Code Examples
In this post, you will learn about how to train an SVM Classifier using Scikit Learn or SKLearn implementation with the help of code examples/samples. An SVM classifier, or support vector machine classifier, is a type of machine learning algorithm that can be used to analyze and classify data. A support vector machine is a supervised machine learning algorithm that can be used for both classification and regression tasks. The Support vector machine classifier works by finding the hyperplane that maximizes the margin between the two classes. The Support vector machine algorithm is also known as a max-margin classifier. Support vector machine is a powerful tool for machine learning and has been widely used …
