Tag Archives: Data Science

ChatGPT for Data Science Projects – Examples

ChatGPT prompt for get insights

Data science is all about turning raw data into actionable insights and outcomes that drive value for your organization. But as any data science professional knows, coming up with new, innovative ideas for your projects is only half the battle. The real challenge is finding a way to turn those ideas into results that can be used to drive business success by doing proper data analysis and building machine learning models using most appropriate algorithms. Unfortunately, many data science professionals struggle with this second step, which can lead to frustration, wasted time and resources, and missed opportunities. That’s where ChatGPT comes in. As a language model trained by OpenAI, ChatGPT …

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Sklearn Algorithms Cheat Sheet with Examples

sklearn algorithms cheat sheet

The Sklearn library, short for Scikit-learn, is one of the most popular and widely-used libraries for machine learning in Python. It offers a comprehensive set of tools for data analysis, preprocessing, model selection, and evaluation. As a beginner data scientist, it can be overwhelming to navigate the various algorithms and functions within Sklearn. This is where the Sklearn Algorithms Cheat Sheet comes in handy. This cheat sheet provides a quick reference guide for beginners to easily understand and select the appropriate algorithm for their specific task. In this cheat sheet, I have compiled a list of common supervised and unsupervised learning algorithms, along with their Sklearn classes and example use …

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Supervised & Unsupervised Learning Difference

Supervised vs Unsupervised Machine Learning Problems

Supervised and unsupervised learning are two different common types of machine learning tasks that are used to solve many different types of business problems. Supervised learning uses training data with labels to create supervised models, which can be used to predict outcomes for future datasets. Unsupervised learning is a type of machine learning task where the training data is not labeled or categorized in any way. For beginner data scientists, it is very important to get a good understanding of the difference between supervised and unsupervised learning. In this post, we will discuss how supervised and unsupervised algorithms work and what is difference between them. You may want to check …

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Logit vs Probit Models: Differences, Examples

Logit vs probit models

Logit and Probit models are both types of regression models commonly used in statistical analysis, particularly in the field of binary classification. This means that the outcome of interest can only take on two possible values / classes. In most cases, these models are used to predict whether or not something will happen in form of binary outcome. For example, a bank might want to know if a particular borrower might default on loan or otherwise. In this blog post, we will explain what logit and probit models are, and we will provide examples of how they can be used. As data scientists, it is important to understand the concepts …

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Posted in Data Science, Machine Learning, statistics. Tagged with , .

Sklearn Neural Network Example – MLPRegressor

Sklearn Neural Network MLPRegressor Regression Model

Are you interested in using neural networks to solve complex regression problems, but not sure where to start? Sklearn’s MLPRegressor can help you get started with building neural network models for regression tasks. While the packages from Keras, Tensorflow or PyTorch are powerful and widely used in deep learning, Sklearn’s MLPRegressor is still an excellent choice for building neural network models for regression tasks when you are starting on. Recall that Python Sklearn library is one of the most popular machine learning libraries, and it provides a wide range of algorithms for classification, regression, clustering, dimensionality reduction, and more. In this blog post, we will be focusing on training a …

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Neural Networks Interview Questions – Quiz #45

neural networks interview questions

Are you preparing for a job interview in the field of deep learning or neural networks? If so, you’re likely aware of how complex and technical these topics can be. In order to help you prepare, we’ve put together a list of common neural network interview questions and answers in form of multiple-choice quiz. The quiz in this blog post covers basic concepts related to neural network layers, perceptron, multilayer perceptron, activation functions, feedforward networks, backpropagation, and more. We’ve included 15 multiple-choice questions, as well as 5 additional questions specifically focused on the backpropagation algorithm. I will be posting many more quizzes on the neural networks in time to come, …

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Google’s Free Machine Learning Courses: Learn from the Best

Machine learning has become a fundamental part of almost every industry today. With the increasing demand for data scientists and machine learning engineers, it has become imperative for professionals to keep themselves updated with the latest tools and techniques. Fortunately, Google offers a range of free machine learning courses that cater to professionals of all expertise levels. In this blog, we will explore the top Google machine learning courses that will help learners enhance their skills and stay ahead of the game. List of Free Machine Learning Courses by Google The following is a list of free machine learning courses from Google which you can take online. These courses can …

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KMeans Silhouette Score Python Example

If you’re building machine learning models for solving different prediction problems, you’ve probably heard of clustering. Clustering is a popular unsupervised learning technique used to group data points with similar features into distinct clusters. One of the most widely used clustering algorithms is KMeans, which is popular due to its simplicity and efficiency. However, one major challenge in clustering is determining the optimal number of clusters that should be used to group the data points. This is where the Silhouette Score comes into play, as it helps us measure the quality of clustering and determine the optimal number of clusters. Silhouette score helps us get further clarity for the following …

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Why & When to use Eigenvalues & Eigenvectors?

Eigenvector and Eigenvalues explained with example

Eigenvalues and eigenvectors are important concepts in linear algebra that have numerous applications in data science. They provide a way to analyze the structure of linear transformations and matrices, and are used extensively in many areas of machine learning, including feature extraction, dimensionality reduction, and clustering. In simple terms, eigenvalues and eigenvectors are the building blocks of linear transformations. Eigenvalues represent the scaling factor by which a vector is transformed when a linear transformation is applied, while eigenvectors represent the directions in which the transformation occurs. 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 …

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Z-score or Z-statistics: Concepts, Formula & Examples

z-scores formula concepts and examples

Z-score, also known as the standard score or Z-statistics, is a powerful statistical concept that plays a vital role in the world of data science. It provides a standardized method for comparing data points from different distributions, allowing data scientists to better understand and interpret the relative positioning of individual data points within a dataset. Z-scores represent a statistical technique of measuring the deviation of data from the mean. It is also used with Z-test which is a hypothesis testing statistical technique (one sample Z-test or two samples Z-test). As a data scientist, it is of utmost importance to be well-versed with the z-score formula and its various applications. Having …

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Descriptive Statistics – Key Concepts & Examples

kurtosis representation

Descriptive statistics is a branch of statistics that deals with the analysis of data. It is concerned with summarizing and describing the characteristics of a dataset. It is one of the most fundamental tool for data scientists to understand the data as they get started working on the dataset. In this blog post, I will cover the key concepts of descriptive statistics, including measures of central tendency, measures of spread and statistical moments. What’s Descriptive Statistics & Why do we need it? Descriptive statistics is used to summarize and describe the characteristics of a dataset in terms of understanding its mean & related measures, spread or dispersion of the data …

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Backpropagation Algorithm in Neural Network: Examples

Artificial Neural Networks (ANN) are a powerful machine learning / deep learning technique inspired by the workings of the human brain. Neural networks comprise multiple interconnected nodes or neurons that process and transmit information. They are widely used in various fields such as finance, healthcare, and image processing. One of the most critical components of an ANN is the backpropagation algorithm. Backpropagation algorithm is a supervised learning technique used to adjust the weights of a Neural Network to minimize the difference between the predicted output and the actual output. In this post, you will learn about the concepts of backpropagation algorithm used in training neural network models, along with Python …

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Lasso Regression Explained with Python Example

Lasso regression, also known as L1 regularization, is a linear regression method that uses regularization to prevent overfitting and improve model performance. It works by adding a penalty term to the cost function that encourages the model to select only the most important features and set the coefficients of less important features to zero. This makes Lasso regression a popular method for feature selection and high-dimensional data analysis. In this post, you will learn concepts, advantages and limitations of Lasso regression along with Python Sklearn examples. The other two similar forms of regularized linear regression are Ridge regression and Elasticnet regression which will be discussed in future posts.  What’s Lasso Regression? …

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SVM RBF Kernel Parameters: Python Examples

SVM RBF Kernel Parameters - Gamma and C values

Support vector machines (SVM) are a popular and powerful machine learning technique for classification and regression tasks. SVM models are based on the concept of finding the optimal hyperplane that separates the data into different classes. One of the key features of SVMs is the ability to use different kernel functions to model non-linear relationships between the input variables and the output variable. One such kernel is the radial basis function (RBF) kernel, which is a popular choice for SVMs due to its flexibility and ability to capture complex relationships between the input and output variables. The RBF kernel has two important parameters: gamma and C (also called regularization parameter). …

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Ordinary Least Squares Method: Concepts & Examples

ordinary least squares method

Regression analysis is a fundamental statistical technique used in many fields, from finance to social sciences. It involves modeling the relationship between a dependent variable and one or more independent variables. The Ordinary Least Squares (OLS) method is one of the most commonly used techniques for regression analysis. Ordinary least squares (OLS) is a linear regression technique used to find the best-fitting line for a set of data points by minimizing the residuals (the differences between the observed and predicted values). It does so by estimating the coefficients of a linear regression model by minimizing the sum of the squared differences between the observed values of the dependent variable and …

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MinMaxScaler vs StandardScaler – Python Examples

MinMaxScaler vs StandardScaler

Data scaling is an essential part of data analysis, especially when working with machine learning algorithms. Scaling helps to standardize the range of features and ensure that each feature (continuous variable) contributes equally to the analysis. Two popular scaling techniques used in Python are MinMaxScaler and StandardScaler. In this blog, we will learn about the concepts and differences between these scaling techniques with the help of Python code examples, highlight their advantages and disadvantages, and provide guidance on when to use one over the other. Note that these are classes provided by sklearn.preprocessing module and used for feature scaling purposes. As a data scientist, you will need to learn these …

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