machine learning

Procurement Analytics Use Cases Examples

Last updated: 26th Nov, 2023 The procurement analytics applications is seeing tremendous growth in last few years. With so much…

1 year ago

XGBoost Classifier Explained with Python Example

Among the myriad of machine learning algorithms and techniques available with data scientists, one stands out for its exceptional performance…

1 year ago

Data Science Explained: Framework, Methods, Examples

What is data science? This is a question that many people who are planning to start learning data science are…

1 year ago

Bagging Classifier Python Code Example

Last updated: 25th Nov, 2023 Bagging is a type of an ensemble machine learning approach that combines the outputs from…

1 year ago

Activation Functions in Neural Networks: Concepts, Examples

Last updated: 24th Nov, 2023 The activation functions are critical to understanding neural networks. There are many activation functions available…

1 year ago

PCA Explained Variance Concepts with Python Example

Last updated: 24th Nov, 2023 Dimensionality reduction is an important technique in data analysis and machine learning that allows us…

1 year ago

R-squared & Adjusted R-squared: Differences, Examples

There are two measures of the strength of linear regression models: adjusted r-squared and r-squared. While they are both important,…

1 year ago

Feature Scaling in Machine Learning: Python Examples

While training machine learning models, we come across the need for scaling features in order to have different features contribute…

1 year ago

Machine Learning – Sensitivity vs Specificity Differences, Examples

Last updated: 18th Nov, 2023 Machine learning (ML) models are increasingly being used to learn from data and make decisions…

1 year ago

PCA vs LDA Differences, Plots, Examples

Last updated: 18th Nov, 2023 Dimensionality reduction is an important technique in data analysis and machine learning that allows us…

1 year ago

Confusion Matrix Concepts, Python Code Examples

The confusion matrix is an essential tool in the field of machine learning and statistics for evaluating the performance of…

1 year ago

Maximum Likelihood Estimation: Concepts, Examples

Maximum Likelihood Estimation (MLE) is a fundamental statistical method for estimating the parameters of a statistical model that make the…

1 year ago

R-squared in Linear Regression Models: Concepts, Examples

In linear regression, R-squared (R2) is a measure of how close the data points are to the fitted line. It…

1 year ago

Hierarchical Clustering: Concepts, Python Example

Hierarchical clustering a type of unsupervised machine learning algorithm that stands out for its unique approach to grouping data points.…

1 year ago

Minimum Description Length (MDL): Formula, Examples

Learning the concepts of Minimum Description Length (MDL) is valuable for several reasons, especially for those involved in statistics, machine…

1 year ago

AIC & BIC for Selecting Regression Models: Formula, Examples

Are you grappling with the complexities of choosing the right regression model for your data? You are not alone. When…

1 year ago