Tag Archives: Data Science
Positively Skewed Probability Distributions: Examples
Probability distributions are an essential concept in statistics and data analysis. They describe the likelihood of different outcomes or events occurring and provide valuable insights into the characteristics of a given data set. Skewness is an important aspect of probability distributions that can have a significant impact on data analysis and decision-making. In this blog, we will focus on positively skewed probability distributions and explore some real-life examples where these distributions occur. We will discuss what a positively skewed distribution is, what are its different types with formula and definitions. By the end of this blog, you will have a better understanding of positively skewed distributions and be able to …
Generative vs Discriminative Models: Examples
The field of machine learning is rapidly evolving, and with it, the concepts and techniques that are used to develop models that can learn from data. Among these concepts, generative and discriminative models are two widely used approaches in the field. Generative models learn the joint probability distribution of the input features and output labels, whereas discriminative models learn the conditional probability distribution of the output labels given the input features. While both models have their strengths and weaknesses, understanding the differences between them is crucial to developing effective machine learning systems. Real-world problems such as speech recognition, natural language processing, and computer vision, require complex solutions that are able …
Sequence to Sequence Models: Types, Examples
Sequence to sequence (Seq2Seq) modeling is a powerful machine learning technique that has revolutionized the way we do natural language processing (NLP). It allows us to process input sequences of varying lengths and produce output sequences of varying lengths, making it particularly useful for tasks such as language translation, speech recognition, and chatbot development. Sequence to sequence modeling also provides a great foundation for creating text summarizers, question answering systems, sentiment analysis systems, and more. With its wide range of applications, learning about sequence to sequence modeling concepts is essential for anyone who wants to work in the field of natural language processing. This blog post will discuss types of …
Statistics Terminologies Cheat Sheet & Examples
Have you ever felt overwhelmed by all the statistics terminology out there? From sampling distribution to central limit theorem to null hypothesis to p-values to standard deviation, it can be hard to keep up with all the statistical concepts and how they fit into your research. That’s why we created a Statistics Terminologies Cheat Sheet & Examples – a comprehensive guide to help you better understand the essential terms and their use in data analysis. Our cheat sheet covers topics like descriptive statistics, probability, hypothesis testing, and more. And each definition is accompanied by an example to help illuminate the concept even further. Understanding statistics terminology is critical for data …
Machine Learning Bias Explained with Examples
In the artificial intelligence (AI) / machine learning (ML) powered world where predictive models have started getting used more often in decision-making areas, the primary concerns of policy makers, auditors and end users have been to make sure that these systems using the models are not making biased/unfair decisions based on model predictions (intentional or unintentional discrimination). Imagine industries such as banking, insurance, and employment where models are used as solutions to decision-making problems such as shortlisting candidates for interviews, approving loans/credits, deciding insurance premiums etc. How harmful it could be to the end users as these decisions may impact their livelihood based on biased predictions made by the model, thereby, …
Geometric Distribution Concepts, Formula, Examples
Geometric Distribution, a widely used concept in probability theory, is used to represent the probability of achieving success or failure in a series of independent trials, where the probability of success remains constant. It is one of the essential tools used in a wide range of fields, including economics, engineering, physics, and statistics. As data scientists / statisticians, it is of utmost important to understand its concepts and applications in a clear manner. In this blog, we will introduce you to the basics of Geometric distribution, starting with its definition and properties. We will also explore the geometric distribution formula and how it is used to calculate the probability of …
Ensemble Methods in Machine Learning: Examples
Machine learning models are often trained with a variety of different methods in order to create a more accurate prediction. Ensemble methods are one way to do this, and involve combining the predictions of several different models in order to get a more accurate result. When different models make predictions together, it can help create a more accurate result. Data scientists should care about this because it can help them create models that are more accurate. In this article, we will look at some of the common ensemble methods used in machine learning. Data scientists should care about this because it can help them create models that are more accurate. …
CART Decision Tree Python Example
The Classification and Regression Tree (CART) is a supervised machine learning algorithm used for classification, regression. In this blog, we will discuss what CART decision tree is, how it works, and provide a detailed example of its implementation using Python. What is CART & How does it work? CART stands for Classification And Regression Tree. It is a type of decision tree which can be used for both classification and regression tasks based on non-parametric supervised learning method. The following represents the algorithm steps. First and foremost, the data is split into training and test set. Take a feature K and split the training data set into two subsets based on …
Decision Tree Concepts, Examples, Interview Questions
Decision tree is one of the most commonly used machine learning algorithms which can be used for solving both classification and regression problems. It is very simple to understand and use. Here is a lighter one representing how decision trees and related algorithms (random forest etc) are agile enough for usage. In this post, you will learn about some of the following in relation to machine learning algorithm – decision trees vis-a-vis one of the popular C5.0 algorithm used to build a decision tree for classification. In another post, we shall also be looking at CART methodology for building a decision tree model for classification. The post also presents a …
Two-way ANOVA Test: Concepts, Formula & Examples
The two-way analysis of variance (ANOVA) test is a powerful tool for analyzing data and uncovering relationships between a dependent variable and two different independent variables. It’s used in fields like psychology, medicine, engineering, business, and other areas that require a deep understanding of how two separate variables interact and impact dependent variable. With the right knowledge, you can use this test to gain valuable insights into your data. Through a two-way ANOVA, data scientists are able to assess complex relationships between multiple variables and draw meaningful conclusions from the data. This helps them make informed decisions and identify patterns in the data that may have gone unnoticed otherwise. Let’s …
Population & Samples in Statistics: Examples
In statistics, population and sample are two fundamental concepts that help us to better understand data. A population is a complete set of objects from which we can obtain data. A population can include all people, animals, plants, or things in a given area. On the other hand, a sample is a subset of the population that is used for observation and analysis. In this blog, we will further explore the concepts of population and samples and provide examples to illustrate the differences between them in statistics. What is a population in statistics? In statistics, population refers to the entire set of objects or individuals about which we want to …
Bayesian thinking & Real-life Examples
Bayesian thinking is a powerful way of looking at the world, and it can be useful in many real-life situations. Bayesian thinking involves using prior knowledge to make more accurate predictions about future events or outcomes. It is based on the Bayes theorem, which states that the probability of an event occurring is determined by its prior probability combined with new information as it becomes available. It is important for data scientists to learn about Bayesian thinking because it can help them make accurate predictions and draw more meaningful insights from data. In this blog post, we will discuss Bayesian thinking and provide some examples from everyday life to illustrate …
True Error vs Sample Error: Difference
Understanding the differences between true error and sample error is an important aspect of data science. In this blog post, we will be exploring the difference between these two common features of statistical inference. We’ll discuss what they are and how they differ from each other, as well as provide some examples of real-world scenarios where an understanding of both is important. By the end, you should have a better grasp of the differences between true error and sample error. In case you are a data scientist, you will want to understand the concept behind the true error and sample error. These concepts are key to understand for evaluating a …
Confidence Intervals Formula, Examples
In this post, you will learn about the statistics concepts of confidence intervals in relation to machine learning models with the help of an example and Python code examples. You will learn about how to interpret confidence intervals, what are formulas for confidence intervals with the help of examples. When you get a hypothesis function by training a machine learning classification model, you evaluate the hypothesis/model by calculating the classification error. The classification error is calculated on the sample of the data used for training the model. However, does this classification error for the sample (sample error) also represent (same as) the classification error of the hypothesis/model for the entire …
Hidden Markov Models: Concepts, Examples
Hidden Markov models (HMMs) are a type of statistical modeling that has been used for several years. They have been applied in different fields such as medicine, computer science, and data science. The Hidden Markov model (HMM) is the foundation of many modern-day data science algorithms. It has been used in data science to make efficient use of observations for successful predictions or decision-making processes. This blog post will cover hidden Markov models with real-world examples and important concepts related to hidden Markov models. What are Markov Models? Markov models are named after Andrey Markov, who first developed them in the early 1900s. Markov models are a type of probabilistic …
Levene Test & Statistics: Concepts & Examples
The Levene test is used to test for equality of variance in a dataset. It is used in statistical analysis to determine if two or more samples have similar variances. If the results of the test indicate that the samples do not have similar variances, then it means that one sample has a higher variance than the other and should be treated as an outlier. In this blog post, we’ll take a look at what exactly the Levene test is, how it works, and provide some examples of how it can be applied. As data scientists, it will be important for us to understand the Levene test in order to …
I found it very helpful. However the differences are not too understandable for me